Tata Projects Limited emerged as the lower of the two bidders for the tender to construct the new Parliament complex by quoting a bid of 861.90 crore when the financial bids for the project opened on Wednesday.
Larsen &
Toubro (L&T) Limited, which was the other bidder, quoted 865 crore for the project, according to the
bid documents. According to the Central Public Works Department’s (CPWD)
tender, the estimated cost of construction for the new building is 889
crore.
The two Mumbai-based construction
companies submitted their financial bids after qualifying in the technical
round for the tender.
Tata Projects has emerged as the lowest
bidder and is likely to bag the contract, a spokesperson for Tata Projects
said.
A spokesperson for L&T did not wish to
comment.
Three bidders qualified in the technical
round but only two firms ended up submitting their financial bids.
“We have to go through the due process of evaluation of the bids thoroughly and award a letter of contract only after that,” the second official said.
The contract is likely to be awarded to
the lowest bidder, the first official added.
To be clear, in infrastructure projects,
the firm is finalised only after it receives a letter of award which is a
written confirmation that a tenderer has been successful and will be awarded a
contract. It contains details of the amount of the award, the date of the
award, and when the contract will be signed.
“The third
firm, Shapoorji Pallonji & Company had submitted its Earnest Money Deposit
(EMD) but it did not submit a financial bid today,” the second official quoted
before, said.
HT reached out to Shapoorji Pallonji group
for a comment but could not get a response.
In the technical round Mumbai-based
construction and civil engineering company ITD Cementation India Limited,
Hyderabad-headquartered NCC Limited, PSP Projects Limited of Ahmedabad, and
Uttar Pradesh state government’s UP Rajkiya Nirman Nigam Limited were
disqualified by the Central Public Works Department (CPWD).
Based on an evaluation, CPWD disqualified
the four companies for reasons including non-fulfilment of the criteria
mentioned in the bid document.
The tender laid out strict eligibility
criteria based on a firm’s past work, such as having constructed an assembly
hall with a minimum capacity of 1,000 people and a building with a basement, as
well as ongoing projects, average monthly turnover, and net worth.
The proposed
work is of very prestigious nature and is required to be completed strictly
within the prescribed time limit of 21 months with the highest standards of
quality and workmanship, the bid document said. The bid document also specified
that 50% of the workers will need to be skilled in stone masonry, carving, and
fresco, and adequate health and safety measures would need to be taken in view
of the prevailing Covid-19 pandemic.
Work on the new Parliament, a ground plus
two-storey triangular-shaped building, is expected to begin after the ongoing
monsoon session, HT reported on September 15.
India’s national emblem is likely to sit
atop the new Parliament building, according to the latest design iteration
prepared for the tendering process, replacing a spire that was there in an
earlier version.
The new
Parliament building with a built-up area of approximately 60,000 metre square,
is set to come up on plot number 118 of the Parliament House Estate, which
currently houses a reception, boundary walls and other temporary structures.



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