Upgradation Work at Industrial Area Hatod Dist. Dhar
Tender Specifications & Timeline
15 FieldsTotal Bidders
3
Lowest Bid (L1)
₹15.97 Cr
Estimated Value (PAC)
₹20.10 Cr
Margin vs Estimate
-20.57%
L1 to L2 Spread
+9.35%
Completion Period
365 days
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | ₹15.97 Cr | 0.0% (L1) | -20.57% | Accepted-Finance | |
| L2 | BINDAL DEVELOPERS#1523137 | ₹17.46 Cr | +9.35% | Rejected-Fin | Rejected-Finance |
| L3 | Shree Construction#1523183 | ₹19.90 Cr | +24.63% | Rejected-Fin | Rejected-Finance |
This tender covers upgradation Work at Industrial Area Hatod Dist. Dhar, issued by Mp Industrial Development Corporation Limited under reference MPIDC/Tech-RFP/CE/2026/264. The estimated contract value is ₹20.10 Cr, and the tender is currently Expired. Under financial bid evaluation, NAVEEN INFRASPACE PRIVATE LIMITED emerged as the lowest (L1) bidder with a quoted bid amount of ₹15.97 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 Hatod, dist. Indore. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
Not the Lowest Bidder
Lowest Bidder
Not the Lowest Bidder
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
BINDAL DEVELOPERS #1523137 | 18-Jun-2026 02:39 PM | Rejected-Finance Updated: 22-Aug-2026 01:17 PM | 17,45,88,600.00 | L2 | Not the Lowest Bidder |
NAVEEN INFRASPACE PRIVATE LIMITED #1520863 | 18-Jun-2026 01:39 PM | Accepted-Finance Updated: 22-Aug-2026 01:17 PM | 15,96,54,300.00 | L1 | Lowest Bidder |
Shree Construction #1523183 | 18-Jun-2026 02:46 PM | Rejected-Finance Updated: 22-Aug-2026 01:17 PM | 19,89,69,900.00 | L3 | Not the Lowest Bidder |
Bid Evaluation Details & Logs
technical bid opening
Date: 19-Jun-2026 04:10 PM
Officer: ANAM KHAN
Admitted
technical evaluation
Date: 16-Jul-2026 12:53 PM
Officer: ANAM KHAN
finance bid opening
Date: 16-Jul-2026 01:43 PM
Officer: ANAM KHAN
Admitted for Financial Evaluation
finance evaluation
Date: 22-Aug-2026 01:17 PM
Officer: Satyabir Singh Thenua
About This Procurement Notice
This Madhya Pradesh state government tender was issued by Mp Industrial Development Corporation Limited. The estimated contract value is ₹20.10 Cr. Bids must be submitted by 18-Jun-2026 03:00 PM.
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Frequently Asked Questions
- QWhat is the status of the tender "Upgradation Work at Industrial Area Hatod Dist. Dhar"?
- The current status of this tender is "Expired". The submission deadline is 18-Jun-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/2026/264. It is a Madhya Pradesh state government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹20.10 Cr. This is the approximate contract value as disclosed in the official tender document.
- QWho is the lowest (L1) bidder for this tender?
- Under financial bid evaluation for "Upgradation Work at Industrial Area Hatod Dist. Dhar", NAVEEN INFRASPACE PRIVATE LIMITED emerged as the lowest (L1) bidder with a quoted bid amount of ₹15.97 Cr. Full bid rankings and vendor comparisons are available on BiharInfraTales.