Two Mumbai-based construction companies, Larsen & Toubro Limited and Tata Projects Limited, submitted financial offers on Wednesday after qualifying in the technical round for the tender to build the new Parliament complex in which Tata Projects has emerged as the bidder. lower.
A spokesperson for Tata Projects Ltd confirmed that the company has become the lowest bidder for the project.
Tata Projects Ltd has quoted a figure of Rs 861.90 crore and Larsen and Toubro Ltd has quoted its offer of Rs 865 crore for the construction of the new Parliament complex.
According to CPWD’s tender, the estimated construction cost of the new building is Rs 889 million.
In total, three bidders had qualified in the technical round but only two firms ended up submitting their financial bids. The firms were due to present financial offers on Wednesday.
“Only three matches had technically pre-qualified in the first round and only two have quoted their offers today. The company that packages the contract will receive an award letter within a few days, ”said a senior government official requesting anonymity.
The contract is likely to be awarded to the lowest bidder, the official added. To be clear, on infrastructure projects, the signature is finalized only after obtaining the project award letter.
The government had narrowed the list of options for the construction of a new Parliament complex to three Mumbai-based construction companies: Larsen & Toubro Limited, Tata Projects Limited and Shapoorji Pallonji & Company Private Limited, after disqualifying four other entities. who bid for the contract. , bringing it one step closer to bidding for the project, the Hindustan Times first reported on August 12.
In the technical round, Mumbai-based civil engineering and construction company ITD Cementation India Limited, Hyderabad-based NCC Limited, Ahmedabad-based PSP Projects Limited and Uttar Pradesh state government UP Rajkiya Nigam Limited were disqualified from the project by the Central Department of Public Works. (CPWD).
Based on an evaluation, CPWD disqualified four companies for reasons including failure to meet the criteria mentioned in the bidding document.
The tender established strict eligibility criteria based on a company’s previous work, such as having built an assembly hall with a minimum capacity of 1,000 people and a building with a basement, as well as ongoing projects, average monthly billing and net worth. , Inter alia.
Bidders had to specify similar jobs completed in the past seven years, ongoing projects, as well as tentative plans to meet their labor requirements, source of building materials, and establishment of facilities such as those intended for manufacturing.
The proposed work is of a highly prestigious nature and is required to be completed strictly within the established 21-month timeframe with the highest standards of quality and workmanship, per the bidding document. The tender document also specified that 50% of the workers will need to be trained to work in stone masonry, carving, frescoes, furniture and adequate health and safety measures will need to be taken in light of the prevailing Covid-19 pandemic.
Initially, seven companies had shown interest in the construction of the new Parliament building following prequalification tenders invited by the Center for its ambitious Central Vista redevelopment project.
Work on the new Parliament, a triangular-plan building over two stories high, is expected to begin after the ongoing monsoon session, HT reported Sept. 15.
The national emblem of India will likely sit atop the new Parliament building, according to the latest design iteration prepared for the bidding process, replacing a spire that was meant to appear in an earlier version.
The new complex, with a built area of approximately 60,000 square meters, will be built on parcel number 118 of the Parliament House Estate, which currently houses a reception, boundary walls and other temporary structures.
It will be one of the first projects to be completed and tendered as part of the Central Vista redevelopment, which includes plans to convert the north and south blocks, located across from each other on Raisina Hill and housing the main central government ministries, into a museum and the construction of new administrative offices with an underground metro.
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