State Infrastructure And Industrial Development Corporation Of Uttarakhand Limited Tender
View complete overview of Uttarakhand SIIDCUL Tender
State Infrastructure And Industrial Development Corporation Of Uttarakhand Limited - SIIDCUL Tender
Works
Civil And Construction
Building Construction
Eprocure
Opening Date15 Feb 2025
Closing Soon10 Mar 2025
Tender Amount₹ 2,99,72,738.65
This is an estimated amount, exact amount may vary.
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender to bid can be calculated using the following formulas:
1. Financial Resources Requirement for Current Contract Commitments:
- Monthly Financial Resources Requirement = Outstanding Contract Value / Remaining Contract Period in months
- Cumulative Financial Resources Requirement for Current Contract Commitments = Sum of Monthly Financial Resources Requirements for all contracts
2. Financial Resources Requirement for Subject Contract:
- This is specified as 10% of the estimated cost of the subject contract.
3. Total Financial Resources Requirement:
- This is the sum of the Cumulative Financial Resources Requirement for Current Contract Commitments and the Financial Resources Requirement for the Subject Contract.
The formulas are as follows:
- A (Cumulative Financial Resources Requirement for Current Contract Commitments) = Σ (B / A) for all contracts
- B (Financial Resources Requirement for Subject Contract) = 10% of the estimated cost of the subject contract
- Total Financial Resources Requirement = A + B
Where:
- A = Cumulative Financial Resources Requirement for Current Contract Commitments
- B = Financial Resources Requirement for Subject Contract
- B / A = Monthly Financial Resources Requirement for each contract
- Σ (B / A) = Sum of Monthly Financial Resources Requirements for all contracts
Additionally, the tender requires:
- Average Annual Construction Turnover: Minimum average annual construction turnover of INR (equal to 50% of the estimated cost of the work/time period for completion in years)
- Historical Financial Performance and Pending Litigation are also required.
Formulas:
- Average Annual Construction Turnover: INR (equal to 50% of the estimated cost of the work/time period for completion in years)
- Enhancement factor for cost of works executed and financial figures is provided for years 2022-2023 and 2021-2022.
- Performance security: 5% of the contract price, with additional performance security for unbalanced bids based on the estimated item rates.
Technical Capacity
The required prior work experience for the bidder includes specific requirements for different positions:
- Assistant Engineer: 3 years of total work experience, with 2 years of experience in similar works.
- Junior Engineer: 5 years of total work experience, with 2 years of experience in similar works.
- Surveyor: 5 years of total work experience, with 2 years of experience in similar works.
- Construction Safety Officer: 2 years of total work experience, with 1 year of experience in similar works.
- Supervisor: 5 years of total work experience, with 2 years of experience in similar works.
The bidder should have experience under construction contracts for at least the last 5 years prior to the bid submission deadline.
The tenderer must have completed successfully at least one similar nature of work of value not less than Rs. 0.90.00 Lakh, which is 25% of the advertised Estimated Cost, during the last three financial years.
Costs
EMD
₹ 7,00,000Document Cost
₹ 5,900Tender Fee
Refer Documents
Summary
Construction Of Common Facility Center For Jaggery And Khandsari Cluster Haridwar, Uttarakhand
Description
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Contact
Tender Id
2025_SIDCU_80357_1Tender No
179/SIIDCUL/2025Tender Authority
State Infrastructure And Industrial Development Corporation Of Uttarakhand Limited ViewPurchaser Address
-Website
https://www.siidcul.com/
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Documents
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