Inland Waterways Authority Of India Tender
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Bid Capacity
To determine the bid capacity, we use the formula: Bid Capacity = [(A*N*2)-B]. Here, A represents the maximum value of works executed in any one year during the last five years, updated to the current price level. B is the value at the current price level of existing commitments and ongoing works to be completed during the period of completion of the work for which the bids have been invited. N is the number of years prescribed for completion of works for which bids are invited, which is given as 1.
Given that the bid capacity must be equal to or more than the estimated cost of the work, which is Rs 1480/- Lakhs for 10 Nos. Double Screw RPL Passenger Vessels, we can infer that the bid capacity required should at least match or exceed this value. However, without specific values for A and B, we cannot calculate the exact bid capacity required.
Thus, while we understand the formula and the requirement that the bid capacity must be equal to or more than the estimated cost of the work (Rs 1480/- Lakhs), we cannot provide a specific value or fully apply the formula without additional information on A and B.
Technical Capacity
The bidder is required to have prior work experience in similar projects, specifically in the design, construction, supply, installation, testing, and commissioning of inland vessels. The experience should be from the last seven years from the last date of bid submission.
The bidder should have successfully completed "Similar Works" in the previous 7 years before the last date of the Bid submission, with the following criteria:
a) 3 similar works each costing not less than 40% of the estimated cost of this work, i.e., Rs. 592 lakhs for 10 Nos. RPL vessels.
b) 2 similar works each costing not less than 50% of the estimated cost of this work, i.e., Rs. 740 lakhs for 10 No RPL vessels.
c) 1 similar work costing not less than 80% of the estimated cost of this work, i.e., Rs. 1184 lakhs for 10 No RPL vessels.
The bidder should submit proof of experience from the client, including details such as contract value, payment value, and actual execution period. The client certificate should also mention the percentage of similar work completed, in financial terms (net payment received against the contract). Substantial completion of works shall be based on completion of 80% or more works that have been financially completed under the claimed relevant component of the contract.
The bidder should mention the maximum value of similar works executed during the last seven years and provide information on similar works completed, including work order value, start date, and percentage of similar work completed till date (in financial terms, i.e., Net Payment received against the Contract).
Costs
EMD
₹ 24,80,000Document Cost
₹ 5,900Tender Fee
Refer Documents
Summary
Design, Construction, Supply, Testing And Commissioning Of 10 Nos. Double Screw Rpl Passenger Vessels
Description
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Contact
Tender Id
2025_IWAI_846284_1Tender No
IWAI/GHY/3(59)/CSS/Part/AssamTender Authority
Inland Waterways Authority Of India ViewPurchaser Address
-Website
https://iwai.gov.in/
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