National Insurance Company Limited Tender

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National Insurance Company Limited - NICL Tender

Services
Eprocure
Opening Date7 Mar 2025
Closing Soon18 Mar 2025
Tender Amount₹ 3,00,00,000 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required is having a minimum turnover of Rs. 2.00 crore in any of the last three financial years. Formula: Minimum Turnover = Rs. 2.00 crore in any of the last three financial years.
Technical Capacity
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The bidder should have executed similar projects and have experience in similar upgrade activity in any of the last 3 financial years. A list of major clients where such projects were executed is required, along with details of work orders of greater than Rs. 2 Cr in the last 3 financial years. The bidder should have executed at least a single Work Order with a minimum value of Rs. 2.00 crore in any of the last three financial years. However, no specific percentage of similar works completed is mentioned. The required average annual turnover varies, with one requirement being Rs. 2.00 crore and another being Rs. 10 crores in the last three financial years. Additionally, the bidder should have posted positive net profit or positive net worth in the last three financial years. No specific percentage or amount of similar works completed is mentioned, except for the value of work orders (greater than Rs. 2 Cr).

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