Construction Industry News
Indian Oil Corporation (IOC) has invited bids from project management consulting services consultants to establish a 2.25 MW grid-connected, ground-mounted solar project at its Liquefied Petroleum Gas (LPG) bottling plant in Jabalpur, Madhya Pradesh .
The last date to submit the bids is September 24, 2022. The bids will open on September 26. The estimated cost of the project is Rs 2 million ($25,120).
Bidders are not required to make a serious down payment to participate in the tender. The selected bidder must pay 3% of the value of the work order as a deposit.
The consultant will be contracted with the IOC for a maximum of 12 months from the commissioning date of the solar project. The project management consultant will assist IOC in managing the project.
Bidders must be experienced in executing three comparable orders, each costing no less than Rs 601,799 ($7,536), which is 30% of the contract value, or two comparable works, each costing not less than Rs 802,399 ($7,536). 10,048), which is 40% of the contract value, or similar work which has cost not less than Rs 1,003 million ($12,560), which is 50% of the contract value, during the last five years.
The bidders should have provided project management consultancy services in the past three years for a commissioned solar power project with a capacity of not less than 2.25 MW, connected to the nearby power grid substation through an evacuation pipeline in India. Bidders' annual turnover during any of the last three fiscal years must be at least Rs 1,204 million (60% of the estimated value).
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