| Current status |
The agreement for the subject work was executed with M/s Eternity Pools& Gardens Pvt Ltd on 28.09.2020 for an amount of Rs. 2,43,66,373.71. As per the request from CUSAT, the location of swimming pool was changed and foundation change was required for the new location. Soil investigation was conducted and revised estimate was prepared with bored cast in situ pile foundation. The agreement period was over on 18.10.2021. Since the contractor is not willing to continue the work at the agreed rates and considering the delay in giving approvals for drawings based on the location change, Contract was foreclosed and foreclosure agreement was executed on 21.12.2021.
The revised estimate has been prepared based on DSR 2018. KIIFB had approved the Revised Estimate and work tendered on 11.04.2023. No bidders were participated and hence the work was re-tendered on 15.06.2023. 1 bid received from M/s ULCCS. Financial bid opened on 18.09.2023 and the quoted amount is Rs. 4,67,45,574.52 which is 32.16% above PAC. Since the bidder has quoted 32.16% above PAC, tender approval was requested to HED for on 22.01.2024 and reminder letter was given on 15.03.2024 & 14.10.2024. The extended the bid validity period was expired on 16.10.2024. RBDCK has requested the bidder to extend the period of bid validity, but the bidder has informed their unwillingness to extend the bid validity. The matter has been reported to HED & KIIFB on 23.10.2024. Now on 12.12.2024, KIIFB suggested to exclude the swimming pool project. Request for negative deviation for Swimming pool project submitted to KIIFB on 03/04/2025. |
