Infrastructure Development Work of Industrial Park Pariccha Ahir and Kirar, dist. Shivpuri
Tender Specifications & Timeline
15 FieldsAward of Contract (AOC) Details
Awardee / Contractor
NIVIK CONSTRUCTIONS
Award Date: 10-Mar-2026
Completion Period: 730 Days
Contract Financials & Scope
INR 365,320,830
Agreement executed on 10.03.2026
Contract Award Info Updated 12-Mar-2026 11:41 AM by ASHUTOSH KANUNGO
Total Bidders
5
Winning Bid (L1)
₹36.53 Cr
Estimated Value (PAC)
₹46.83 Cr
Margin vs Estimate
-21.99%
L1 to L2 Spread
+4.77%
Completion Period
730 days
AOC Award Date
10-Mar-2026
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | NIVIK CONSTRUCTIONS#1383766 | ₹36.53 Cr | 0.0% (L1) | -21.99% | Accepted-AOC |
| L2 | RAJ MANGAL DEVLOPERS#1383213 | ₹38.27 Cr | +4.77% | Rejected-Fin | Rejected-Finance |
| L3 | VVC REALINFRA PVT LTD#1383749 | ₹39.89 Cr | +9.18% | Rejected-Fin | Rejected-Finance |
| L4 | LNA INFRAPROJECTS PVT LTD#1384067 | ₹42.84 Cr | +17.28% | Rejected-Fin | Rejected-Finance |
| DQ | B K CONSTRUCTION AND CO#1383757 | — | — | Rejected-Tech | Rejected-Technical |
This urban amenities tender covers infrastructure Development Work of Industrial Park Pariccha Ahir and Kirar, dist. Shivpuri, issued by Mp Industrial Development Corporation Limited under reference MPIDC/Tech-RFP/CE/2025/241. The estimated contract value is ₹46.83 Cr, and the tender is currently Expired. Following contract finalisation, the work has been awarded to NIVIK CONSTRUCTIONS for a total value of ₹36.53 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 Pariccha Ahir and Kirar, dist. Shivpuri. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
Disqualified in Technical Evaluation (Experience not as required)
Not the Lowest Bid
Accepted
Not the Lowest Bid
Not the Lowest Bid
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
B K CONSTRUCTION AND CO #1383757 | 24-Nov-2025 02:36 PM | Rejected-Technical Updated: 15-Dec-2025 01:18 PM | — | — | Disqualified in Technical Evaluation (Experience not as required) |
LNA INFRAPROJECTS PVT LTD #1384067 | 24-Nov-2025 02:30 PM | Rejected-Finance Updated: 22-Dec-2025 12:48 PM | 42,84,47,670.00 | L4 | Not the Lowest Bid |
NIVIK CONSTRUCTIONS #1383766 | 24-Nov-2025 01:54 PM | Accepted-AOC Updated: 12-Mar-2026 11:41 AM | 36,53,20,830.00 | L1 | Accepted |
RAJ MANGAL DEVLOPERS #1383213 | 24-Nov-2025 02:13 AM | Rejected-Finance Updated: 22-Dec-2025 12:48 PM | 38,27,41,590.00 | L2 | Not the Lowest Bid |
VVC REALINFRA PVT LTD #1383749 | 24-Nov-2025 01:47 PM | Rejected-Finance Updated: 22-Dec-2025 12:48 PM | 39,88,51,110.00 | L3 | Not the Lowest Bid |
Bid Evaluation Details & Logs
technical bid opening
Date: 25-Nov-2025 05:20 PM
Officer: ASHUTOSH KANUNGO
Admitted for Technical Evaluation
technical evaluation
Date: 15-Dec-2025 01:18 PM
Officer: ASHUTOSH KANUNGO
finance bid opening
Date: 15-Dec-2025 04:57 PM
Officer: ASHUTOSH KANUNGO
Admitted for Financial Evaluation
finance evaluation
Date: 22-Dec-2025 12:48 PM
Officer: ANAM KHAN
About This Procurement Notice
This Madhya Pradesh state government tender was issued by Mp Industrial Development Corporation Limited. The estimated contract value is ₹46.83 Cr. Bids must be submitted by 24-Nov-2025 03:00 PM.
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Frequently Asked Questions
- QWhat is the status of the tender "Infrastructure Development Work of Industrial Park Pariccha Ahir and Kirar, dist"?
- The current status of this tender is "Expired". The submission deadline is 24-Nov-2025 03:00 PM. This information is sourced from official government procurement portals.
- QWho issued this Madhya Pradesh government tender?
- This tender was issued by Mp Industrial Development Corporation Limited. The reference number is MPIDC/Tech-RFP/CE/2025/241. It is a Madhya Pradesh state government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹46.83 Cr. This is the approximate contract value as disclosed in the official tender document.
- QWho won the contract for this tender?
- The contract for "Infrastructure Development Work of Industrial Park Pariccha Ahir and Kirar, dist. Shivpuri" has been awarded to NIVIK CONSTRUCTIONS with an awarded contract value of ₹36.53 Cr.
- QWhat is the final awarded contract value?
- The final awarded contract value is ₹36.53 Cr (21.99% below the estimated PAC of ₹46.83 Cr).