NIT for Redevelopment work (Development of 6.34 Acres land and Construction of 4 Blocks of 75 meter Height) at Ravi Shankar Shukla Market, 5 No. Bus Stop, Shivaji Nagar, Bhopal
Tender Specifications & Timeline
16 FieldsAward of Contract (AOC) Details
Awardee / Contractor
NYATI ENGINEERS AND CONSULTANTS PVT. LTD.
Award Date: 05-Aug-2026
Completion Period: 1278 Days
Contract Financials & Scope
INR 6,539,788,000
BEING L1
Contract Award Info Updated 05-Aug-2026 04:46 PM by PRADEEP KUMAR HEDAU
Total Bidders
9
Winning Bid (L1)
₹640.90 Cr
Estimated Value (PAC)
₹653.98 Cr
Margin vs Estimate
-0.00%
Winning Contractor (L1 - Official Awardee)
Accepted-AOCL1 to L2 Spread
+8.10%
Completion Period
1278 days
AOC Award Date
05-Aug-2026
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | ₹640.90 Cr | 0.0% (L1) | -2.00% | Accepted-AOC | |
| L2 | ₹706.95 Cr | +8.10% | Rejected-Fin | Rejected-Finance | |
| L3 | ₹715.19 Cr | +9.36% | Rejected-Fin | Rejected-Finance | |
| L4 | ₹716.17 Cr | +9.51% | Rejected-Fin | Rejected-Finance | |
| L5 | ₹726.64 Cr | +11.11% | Rejected-Fin | Rejected-Finance | |
| L6 | VASCON ENGINEERS LIMITED#1455707 | ₹771.70 Cr | +18.00% | Rejected-Fin | Rejected-Finance |
| L7 | CMK Projects Private Limited#1439813 | ₹802.96 Cr | +22.78% | Rejected-Fin | Rejected-Finance |
| L8 | KPC PROJECTS LIMITED#1437105 | ₹817.41 Cr | +24.99% | Rejected-Fin | Rejected-Finance |
| L9 | ₹823.69 Cr | +25.95% | Rejected-Fin | Rejected-Finance |
This tender covers nIT for Redevelopment work (Development of 6.34 Acres land and Construction of 4 Blocks of 75 meter Height) at Ravi Shankar Shukla Market, 5 No. Bus Stop, Shivaji Nagar, Bhopal, issued by Mp Housing and Infrastructure Development Board under reference 17/2025-26. The estimated contract value is ₹653.98 Cr, and the tender is currently Expired. Following contract finalisation, the work has been awarded to NYATI ENGINEERS AND CONSULTANTS PVT. LTD. for a total value of ₹653.98 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 Bhopal. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
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BEING L1
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| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
Bansal Construction Works Private Limited #1447457 | 12-Mar-2026 02:33 PM | Rejected-Finance Updated: 06-Jun-2026 07:01 PM | 7151912931.07 | L3 | EMD Return to Bidder |
BPC INFRAPROJECTS PRIVATE LIMITED #1436525 | 12-Mar-2026 02:57 PM | Rejected-Finance Updated: 06-Jun-2026 07:01 PM | 7161722614.13 | L4 | EMD Return to Bidder |
CMK Projects Private Limited #1439813 | 12-Mar-2026 05:20 PM | Rejected-Finance Updated: 06-Jun-2026 07:01 PM | 8029552575.68 | L7 | EMD Return to Bidder |
CUBE CONSTRUCTION ENGINEERING LIMITED #1421111 | 12-Mar-2026 12:55 PM | Rejected-Finance Updated: 06-Jun-2026 07:01 PM | 7266359233.46 | L5 | EMD Return to Bidder |
Inderjit Mehta Constructions Pvt Ltd #1431129 | 12-Mar-2026 03:52 PM | Rejected-Finance Updated: 06-Jun-2026 07:01 PM | 8236863877.73 | L9 | EMD Return to Bidder |
KPC PROJECTS LIMITED #1437105 | 02-Mar-2026 03:01 PM | Rejected-Finance Updated: 06-Jun-2026 07:01 PM | 8174081906.13 | L8 | EMD Return to Bidder |
NYATI ENGINEERS AND CONSULTANTS PVT. LTD. #1439743 | 02-Mar-2026 04:13 PM | Accepted-AOC Updated: 05-Aug-2026 04:46 PM | 6408992933.84 | L1 | BEING L1 |
VASCON ENGINEERS LIMITED #1455707 | 12-Mar-2026 04:51 PM | Rejected-Finance Updated: 06-Jun-2026 07:01 PM | 7716950675.44 | L6 | EMD Return to Bidder |
YASHNAND ENGINEERS AND CONTRACTORS PVT. LTD. #1446729 | 12-Mar-2026 05:25 PM | Rejected-Finance Updated: 06-Jun-2026 07:01 PM | 7069511593.35 | L2 | EMD Return to Bidder |
Bid Evaluation Details & Logs
technical bid opening
Date: 28-Mar-2026 06:00 PM
Officer: PRADEEP KUMAR HEDAU
Envelop B open and admitted for Evaluation
technical evaluation
Date: 28-Mar-2026 06:06 PM
Officer: PRADEEP KUMAR HEDAU
finance bid opening
Date: 31-Mar-2026 04:05 PM
Officer: PRADEEP KUMAR HEDAU
Price Bid Open
finance evaluation
Date: 06-Jun-2026 07:01 PM
Officer: PRADEEP KUMAR HEDAU
About This Procurement Notice
This Madhya Pradesh state government tender was issued by Mp Housing and Infrastructure Development Board. The estimated contract value is ₹653.98 Cr. Bids must be submitted by 12-Mar-2026 05:30 PM.
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Frequently Asked Questions
- QWhat is the status of the tender "NIT for Redevelopment work (Development of 6.34 Acres land and Construction of 4"?
- The current status of this tender is "Expired". The submission deadline is 12-Mar-2026 05:30 PM. This information is sourced from official government procurement portals.
- QWho issued this Madhya Pradesh government tender?
- This tender was issued by Mp Housing and Infrastructure Development Board. The reference number is 17/2025-26. It is a Madhya Pradesh state government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹653.98 Cr. This is the approximate contract value as disclosed in the official tender document.
- QWho won the contract for this tender?
- The contract for "NIT for Redevelopment work (Development of 6.34 Acres land and Construction of 4 Blocks of 75 meter Height) at Ravi Shankar Shukla Market, 5 No. Bus Stop, Shivaji Nagar, Bhopal" has been awarded to NYATI ENGINEERS AND CONSULTANTS PVT. LTD. with an awarded contract value of ₹653.98 Cr.
- QWhat is the final awarded contract value?
- The final awarded contract value is ₹653.98 Cr (0% above the estimated PAC of ₹653.98 Cr).