Construction of Science Park at Kannur - Phase I (Package I)
Tender Description
Construction of Science Park at Kannur - Phase I (Package I) for the Government of Kerala. SPV - Kerala State Council for Science, Technology and Environment (KSCSTE). Construction mode - EPC Mode III
Tender Specifications & Timeline
16 FieldsAward of Contract (AOC) Details
Awardee / Contractor
Ramkrishy Infrastructure Pvt Ltd
Award Date: 23-Mar-2026
Completion Period: 730 Days
Contract Financials & Scope
INR 2,694,778,814
L1 Bidder Quoted amount is Rs. 2794778813.560 (Exclusive of GST). After the negotiation meeting with L1 by the TAC the agreed contract value is Rs. 2694778813.560 (Exclusive of GST)
Contract Award Info Updated 23-Mar-2026 04:20 PM by Lakshmi T
Total Bidders
3
Winning Bid (L1)
₹279.48 Cr
Estimated Value (PAC)
₹261.91 Cr
Margin vs Estimate
+2.89%
Winning Contractor (L1 - Official Awardee)
Accepted-AOCL1 to L2 Spread
+10.85%
Completion Period
730 days
AOC Award Date
23-Mar-2026
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | Ramkrishy Infrastructure Pvt Ltd#2456186 | ₹279.48 Cr | 0.0% (L1) | +6.71% | Accepted-AOC |
| L2 | MARYMATHA INFRASTRUCTURE PVT LTD#2459120 | ₹298.72 Cr | +10.85% | Rejected-Fin | Rejected-Finance |
| DQ | — | — | Rejected-Tech | Rejected-Technical |
This urban amenities tender covers construction of Science Park at Kannur - Phase I (Package I), issued by Kerala State Council for Science Technology and Environment Kscste under reference KSCSTE/504/2023-C1. The estimated contract value is ₹261.91 Cr, and the tender is currently Expired. Following contract finalisation, the work has been awarded to Ramkrishy Infrastructure Pvt Ltd for a total value of ₹269.48 Cr.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in Kannur. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
Does not satisfy the preliminary eligibility criteria of similar works
L2 Bidder
L1 Bidder
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
CHERIAN VARKEY CONSTRUCTION CO PVT LTD #2458670 | 16-Jan-2026 10:24 AM | Rejected-Technical Updated: 30-Jan-2026 01:35 PM | — | — | Does not satisfy the preliminary eligibility criteria of similar works |
MARYMATHA INFRASTRUCTURE PVT LTD #2459120 | 15-Jan-2026 09:30 PM | Rejected-Finance Updated: 23-Mar-2026 04:05 PM | 2987207316.974 | L2 | L2 Bidder |
Ramkrishy Infrastructure Pvt Ltd #2456186 | 13-Jan-2026 08:01 PM | Accepted-AOC Updated: 23-Mar-2026 04:20 PM | 2794778813.560 | L1 | L1 Bidder |
Bid Evaluation Details & Logs
technical bid opening
Date: 30-Jan-2026 01:01 PM
Officer: Sabu A
A total no of 3 bids was received for etender 2025_KCSTE_815610_1 for the Construction of Science Park Kannur and the bids are submitted for technical evaluation.
technical evaluation
Date: 30-Jan-2026 01:35 PM
Officer: Sabu A
finance bid opening
Date: 23-Mar-2026 03:52 PM
Officer: Lakshmi T
As per the tender acceptance committee meeting held on 31.01.2026 at the status of the financial bids of the two technically qualified bidder are as follows 1. Ramkrishy Infrastructure Pvt Ltd. (L1 Bidder) 2. MARYMATHA INFRASTRUCTURE PVT LTD (L2)
finance evaluation
Date: 23-Mar-2026 04:05 PM
Officer: Lakshmi T
About This Procurement Notice
This Kerala state government tender was issued by Kerala State Council for Science Technology and Environment Kscste. The estimated contract value is ₹261.91 Cr. Bids must be submitted by 16-Jan-2026 11:00 AM.
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Frequently Asked Questions
- QWhat is the status of the tender "Construction of Science Park at Kannur - Phase I (Package I)"?
- The current status of this tender is "Expired". The submission deadline is 16-Jan-2026 11:00 AM. This information is sourced from official government procurement portals.
- QWho issued this Kerala government tender?
- This tender was issued by Kerala State Council for Science Technology and Environment Kscste. The reference number is KSCSTE/504/2023-C1. It is a Kerala state government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹261.91 Cr. This is the approximate contract value as disclosed in the official tender document.
- QWho won the contract for this tender?
- The contract for "Construction of Science Park at Kannur - Phase I (Package I)" has been awarded to Ramkrishy Infrastructure Pvt Ltd with an awarded contract value of ₹269.48 Cr.
- QWhat is the final awarded contract value?
- The final awarded contract value is ₹269.48 Cr (2.89% above the estimated PAC of ₹261.91 Cr).