Eastern Coalfields Limited Tender
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Eastern Coalfields Limited - ECL Tender
Works
Civil And Construction
Civil Works Others
Eprocure
Opening Date26 Feb 2025
Closing Soon15 Mar 2025
Tender Amount₹ 6,07,32,320
AI Insights
AI Insights
Technical
Financial
Class Of Bidder
The class eligibility requirement to bid or participate in this tender is that bidders must be either 'Class-I local supplier' or 'Class-II local supplier'. However, for tenders with estimated cost up to Rs. 2.00 crores, only 'Class-I local supplier' is allowed to bid, and for tenders with estimated cost above Rs. 2.0 crores, the class eligibility requirement is Class-I local supplier, with participation of Joint Venture also allowed.
Bid Capacity
To determine the bid capacity required, we look at specific requirements mentioned in the tender document. The eligibility criteria include work experience, financial turnover, and technical documents. However, a specific "bid capacity" requirement with a value or formula is not explicitly mentioned in most cases.
In one instance, the bid capacity can be calculated based on the estimated cost of the work. Given the estimated cost is Rs. 6,07,32,320.32, the bid capacity required can be calculated as follows:
1. Three similar completed works each costing not less than 40% of the estimated cost.
2. Two similar completed works each costing not less than 50% of the estimated cost.
3. One similar completed work costing not less than 80% of the estimated cost.
Calculating these:
1. 40% of Rs. 6,07,32,320.32 = Rs. 2,42,92,928.13 (for three similar completed works)
2. 50% of Rs. 6,07,32,320.32 = Rs. 3,03,66,160.16 (for two similar completed works)
3. 80% of Rs. 6,07,32,320.32 = Rs. 4,85,85,856.26 (for one similar completed work)
Therefore, the bid capacity required is:
- Three similar completed works each costing not less than Rs. 2,42,92,928.13
- Two similar completed works each costing not less than Rs. 3,03,66,160.16
- One similar completed work costing not less than Rs. 4,85,85,856.26
In other cases, while experience and financial requirements are outlined, the specific formula for calculating the required bid capacity based on the tender value is not explicitly provided. Given the query asks for the bid capacity required in the given tender to bid having value and formulas, and this specific information is partially found, the detailed response for the calculated values is provided above.
Technical Capacity
The required prior work experience for the bidder includes completion of similar works with specific values and percentages. The criteria are as follows:
- Completion of a single work of similar nature costing not less than 80% of the estimated cost put to tender.
- Completion of two works of similar nature, each costing not less than 50% of the estimated cost put to tender.
- Completion of three works of similar nature, each costing not less than 40% of the estimated cost put to tender.
The experience can be in the form of one, two, or three similar completed works with the specified cost percentages. The cost of previous completed works will be given a simple weightage of 7% per year to bring them to the current price level while evaluating the qualification requirement of the bidder.
In a joint venture, the proportionate value of experience will be considered in proportion to the actual share of the bidder in the joint venture firm or partnership firm. The bidder must have prior work experience of having successfully completed similar work during the last 7 years.
Costs
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Description
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Contact
Tender Id
2025_ECL_330349_1Tender No
ECL/HQ/GM(C)/e-Tender/24-25/34 Date 26.02.2025Tender Authority
Eastern Coalfields Limited ViewPurchaser Address
-Website
http://www.easterncoal.gov.in/
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