Urban Development Department Tender

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Urban Development Department - UDD Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date1 Feb 2025
Closing DateCancelled
Tender Amount₹ 2,29,00,000 

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Technical
Financial
Bid Capacity
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The bid capacity required in the tender is defined by two main conditions: 1. The average annual turnover of the contractor should not be less than 50% of the tender value. 2. The bidder should have at least one single work order of value not less than 50% of the tender value. The weightage for these conditions is as follows: - Annual turnover: 45% - Single work order: 35% - Equipment: 20% Formulas for these conditions are: a) Average annual turnover ≥ 0.5 * Tender Value b) Single work order value ≥ 0.5 * Tender Value Additionally, the bidder must demonstrate financial soundness to carry out work of at least the package value, provide an undertaking for investment of minimum cash up-to 100% of the package value, and meet other qualitative and quantitative requirements. However, since the tender value is not explicitly mentioned, and there isn't a straightforward formula combining all factors into a single bid capacity metric, the answer leans towards the requirement for bidders to match or exceed the package value in terms of financial capacity and investment capability. Thus, the bid capacity required can be considered as at least equal to the package value of the tender. Given the specific numbers provided in the context, such as the package value being approximately Rs. 229.00 lakhs, the bid capacity can be related to this value, but without a precise formula, the interpretation remains that bidders must demonstrate capacity at least equal to the package value. Therefore, the bid capacity required is directly related to the package value, with the closest relevant requirement being the ability to invest up to 100% of the package value. Given this, the bid capacity can be considered in relation to the package value, but since a precise formula or value isn't directly extractable from the provided information, the detailed explanation above outlines the conditions and requirements rather than a single formula or value.
Technical Capacity
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The required prior work experience for the bidder is experience in similar nature of works, with at least 1 single work order of value not less than 50% of the tender value. The bidder should have experience in works in the relevant department during the last 5 years, with a total monetary value of construction work performed during this period. Additionally, the bidder should have a completion report or progress report of completion of the requisite volume of work from the competent authority concerned. The average annual turnover of the contractors should not be less than 50% of the tender value. The specific details mentioned are: - At least 1 single work order of value not less than 50% of the tender value - Average annual turnover not less than 50% of the tender value - Total monetary value of construction work performed in the last 5 years - Completion report or progress report of completion of the requisite volume of work No specific amount is mentioned, but the percentages mentioned are 50% of the tender value for both the single work order and the average annual turnover.

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