Infrastructure Development Work of Industrial Area Agar Malwa Phase 3 dist. Agar Malwa
Tender Description
Infrastructure Development Work of Industrial Area Agar Malwa Phase 3 dist. Agar Malwa
Tender Specifications & Timeline
15 FieldsAward of Contract (AOC) Details
Awardee / Contractor
NIVIK CONSTRUCTIONS
Award Date: 15-Jun-2026
Completion Period: 540 Days
Contract Financials & Scope
INR 338,867,100
Agreement executed on dt 15.06.2026
Contract Award Info Updated 20-Jul-2026 03:01 PM by Ragini Yaduwanshi
Total Bidders
5
Winning Bid (L1)
₹33.89 Cr
Estimated Value (PAC)
₹42.90 Cr
Margin vs Estimate
-21.01%
L1 to L2 Spread
+1.23%
Completion Period
540 days
AOC Award Date
15-Jun-2026
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | NIVIK CONSTRUCTIONS#1481433 | ₹33.89 Cr | 0.0% (L1) | -21.01% | Accepted-AOC |
| L2 | LNA INFRAPROJECTS PVT LTD#1484620 | ₹34.30 Cr | +1.23% | Rejected-Fin | Rejected-Finance |
| L3 | VVC REALINFRA PVT LTD#1484463 | ₹34.59 Cr | +2.06% | Rejected-Fin | Rejected-Finance |
| L4 | HIGHWAY INFRASTRUCTURE LIMITED#1482401 | ₹37.42 Cr | +10.43% | Rejected-Fin | Rejected-Finance |
| DQ | GODEC CONSTRUCTION PVT LTD#1483987 | — | — | Rejected-Tech | Rejected-Technical |
This tender covers Infrastructure Development Work of Industrial Area Agar Malwa Phase 3 dist. Agar Malwa , issued by Mp Industrial Development Corporation Limited under reference MPIDC/Tech-RFP/CE/2026/256. The estimated contract value is ₹42.90 Cr, and the tender is currently Expired. Following contract finalisation, the work has been awarded to NIVIK CONSTRUCTIONS for a total value of ₹33.89 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 IA Agar Malwa phase 3. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
Disqualified in Technical Evaluation (Experience not complying requirement)
Not the Lowest Bid
Not the Lowest Bid
Accepted
Not the Lowest Bid
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
GODEC CONSTRUCTION PVT LTD #1483987 | 21-Apr-2026 02:25 PM | Rejected-Technical Updated: 08-May-2026 03:44 PM | — | — | Disqualified in Technical Evaluation (Experience not complying requirement) |
HIGHWAY INFRASTRUCTURE LIMITED #1482401 | 21-Apr-2026 01:24 PM | Rejected-Finance Updated: 11-May-2026 03:17 PM | 37,42,16,700.00 | L4 | Not the Lowest Bid |
LNA INFRAPROJECTS PVT LTD #1484620 | 21-Apr-2026 02:35 PM | Rejected-Finance Updated: 11-May-2026 03:17 PM | 34,30,28,400.00 | L2 | Not the Lowest Bid |
NIVIK CONSTRUCTIONS #1481433 | 21-Apr-2026 02:26 PM | Accepted-AOC Updated: 20-Jul-2026 03:01 PM | 33,88,67,100.00 | L1 | Accepted |
VVC REALINFRA PVT LTD #1484463 | 21-Apr-2026 11:40 AM | Rejected-Finance Updated: 11-May-2026 03:17 PM | 34,58,59,800.00 | L3 | Not the Lowest Bid |
Bid Evaluation Details & Logs
technical bid opening
Date: 23-Apr-2026 12:29 PM
Officer: ASHUTOSH KANUNGO
Admitted for Technical Evaluation
technical evaluation
Date: 08-May-2026 03:44 PM
Officer: ASHUTOSH KANUNGO
finance bid opening
Date: 08-May-2026 06:40 PM
Officer: ASHUTOSH KANUNGO
Admitted
finance evaluation
Date: 11-May-2026 03:17 PM
Officer: ASHUTOSH KANUNGO
About This Procurement Notice
This Madhya Pradesh state government tender was issued by Mp Industrial Development Corporation Limited. The estimated contract value is ₹42.90 Cr. Bids must be submitted by 21-Apr-2026 03:00 PM.
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Frequently Asked Questions
- QWhat is the status of the tender " Infrastructure Development Work of Industrial Area Agar Malwa Phase 3 dist. Aga"?
- The current status of this tender is "Expired". The submission deadline is 21-Apr-2026 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/2026/256. It is a Madhya Pradesh state government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹42.90 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 Area Agar Malwa Phase 3 dist. Agar Malwa" has been awarded to NIVIK CONSTRUCTIONS with an awarded contract value of ₹33.89 Cr.
- QWhat is the final awarded contract value?
- The final awarded contract value is ₹33.89 Cr (21.01% below the estimated PAC of ₹42.90 Cr).