Kumaon Mandal Vikas Nigam Limited Tender

View complete overview of Uttarakhand Kumaon Mandal Vikas Nigam Limited Tender

Kumaon Mandal Vikas Nigam Limited Tender

Services
Minerals and Mining
Eprocure
Opening Date29 Jan 2025
Closing Soon4 Feb 2025
Tender Amount₹ 5,15,56,500 

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Class Of Bidder
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Class III and above.
Technical Capacity
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The required prior work experience for the bidder includes completing similar works, with a value and percentage of such works completed. The value of similar works completed is mentioned as 25% of the tender value, with an amount of 30,000. The bidder should have completed works of a similar nature with a value of at least 25% of the estimated cost of the work put to tender, and the total value of such works should be at least 100% of the estimated cost of the work put to tender. The percentage of similar works completed is at least 25% of the estimated cost of the work put to tender. The amount of similar works completed should be at least 100% of the estimated cost of the work put to tender. Additionally, the bidder should have completed similar works worth at least 5-00 lakhs (approximately 500,000) in the relevant field. The bidder's net worth, as per the balance sheet, should be at least 3 times the amount of the Earnest Money Deposit (EMD), and the bidder should have an average annual turnover of at least 5-00 lakhs (approximately 500,000) in the last 3 financial years. Other values and percentages mentioned include: - 15% of the estimated cost of the project, with a minimum value of 10 lakhs - 50 lakhs in the last 3 years - 100 lakhs in the last 5 years, with a weightage of 15% and 50% respectively - Average annual turnover of at least 50 lakhs - Minimum net worth of 10 lakhs The bidder should also submit a Solvency Certificate, which indicates their financial capability to undertake the work, and a declaration stating that they have completed similar works. The evaluation criteria will consider the value and percentage of such works completed, including the volume and weight of the works completed.

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