Indore IDA Seeks Bids for Civil Works Project

26 Jun 2023 CW Team

Directorate of Town And Country Plannin of Indore Development Authority has invited bids for the CONSTRUCTION OF MAIN CARRIAGEWAY OF MASTER PLAN ROADS AT TPS-09.

The tender seeks Civil works- roads worth Rs. 55,67,66,000 crore to be completed in 730 days. As per the tender, the bid validity will be 120 days, and it will be an open bidding process. The bid submission period began on June 7, 2023 and will end on July 3, 2023.

The eligibility criteria for bidder shall be under
Experience of having successfully completed similar nature of work as principal contractor for any State Govt., Central Govt, Corporation, Development authorities and other Govt./ semi govt. Organizations, in the same name and capacity in last 5 years below:

A] The bidder has completed one similar work costing equal to 80% of the cost of the work put to the tender
Or
B] The bidder has completed any two similar Civil work costing equal to 60% of the cost of the work put to the tender
Or
C] The bidder has completed any three similar work costing equal to 40% of the cost of the work put to the tender
MInimum average annual turnover of the firm as per the audited balance sheet for the last five financial years [from 2017-18 to 2021-2022] should not be less than Rs 33 crore.
A complete bid document can be downloaded from the official website:
https://mptenders.gov.in/nicgep/app

Essential details:

Project Estimated Value: ₹ 55,67,66,000
Product Category: Civil works - roads
Bid Validity (Days): 730
Period of Work: 120 days
Tender ID - 2023_DTCP_282332_1
Tender Ref. No.: IDA/ETENDER/2023-24/29
Payment mode: Online
Form of contract: Percentage

Technology

29 Jul 2026

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..