Public Works Roads Department Tender

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Public Works Roads Department - PWRD Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date3 Feb 2025
Closing Soon13 Feb 2025
Tender Amount₹ 2,49,99,000 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender can be calculated using the formula: Assessed available bid capacity = (A*N*2-B), where A = Maximum value of civil engineering works executed in any one year during the last five years, N = Number of years prescribed for completion of the works, and B = Value of existing commitments and ongoing works. However, the specific values for A, N, and B are not provided. Given the formula, the bid capacity required is equal to or greater than the evaluated bid price. The evaluated bid price is related to the contract value, which is 15.2 Crore (Rs. Crore). Since the exact values for A, N, and B are not provided, the exact bid capacity required cannot be calculated.
Technical Capacity
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The bidder is required to have prior work experience, with specific requirements including quantities of work executed as prime contractor. The bidder should have completed similar works in the past, with a value of completion of one similar work, where the value should be at least 1/3 (one third) of the DNIT value, and a completion rate of not less than 90% of the contract value. The bidder should have executed in any one year, the minimum quantities of the major items of work, usually not less than 40% of the estimated quantity. Additionally, the bidder should have achieved a minimum annual financial turnover of 67% of the NIT value in any one year. The bidder should have completed works of a similar nature over the last five years, with the value of similar work completed being at least 1/3rd of the respective value of work in the NIT. The annual financial turnover amount should be 67% of the respective value of work mentioned in the NIT. The quantities of works executed should be at least 40% of major item estimated quantity as detailed in the online BOQ. Liquid assets or availability of credit facilities should be 10% of the NIT value. The bidder is required to provide information on the quantities of work performed, including specific items, and should have a minimum annual financial turnover, although the exact amount is not always specified. The cost of completed works of previous years shall be given weightage of 10% per year based on rupee value to bring them to the present price level. Total value of Civil Engineering construction Work performed is required to be mentioned for specific years, with values to be given in Rs. Lakhs. Evidence of access to or availability of credit facilities (minimum 10% of notified contract value) certified by the bankers is required. Financial annual turnover for the last five years is required, with specific years being mentioned. The bidder is required to have prior work experience, specifically in the form of a "Certificate of similar nature of work done, completed in last 5 (five) years, issued by the authorized Engineer in-charge" and a "Certificate of executed quantities of work done in last 5 (five) years, issued by the authorized Engineer in-charge."

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