Indore IDA Seeks Bids for Civil Works Project
ROADS & HIGHWAYS

Indore IDA Seeks Bids for Civil Works Project

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

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

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->