National Highways Authority Of India Tender
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National Highways Authority Of India - NHAI Tender
Civil And Construction
Road Construction
Eprocure
Opening Date21 Sep 2024
Closing Date11 Mar 2025
Tender Amount₹ 10,50,49,00,000
AI Insights
Technical
Technical
Financial
Class Of Bidder
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Class – I Local supplier or Class – II Local supplier.
Bid Capacity
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The bid capacity required in the given tender includes a minimum Net Worth of Rs. 157.57 Crore. The formula for calculating Net Worth is: Net Worth = (Paid-up share capital + Reserves) - (Accumulated losses + Deferred expenditure + Miscellaneous expenditure) Note that reserves created out of revaluation of assets, write back of depreciation, and amalgamation are excluded from the calculation. Additionally, each member of the Consortium shall have a minimum Net Worth of 7.5% of the Estimated Project Cost in the immediately preceding financial year. However, the specific bid capacity required in terms of a formula that includes a value for bid capacity is not directly provided, but the Net Worth and its calculation can be considered as part of the bid capacity. Also, the Bid Security amount is fixed at Rs. 10.50 Crore, and there is a provision for Additional Performance Security, which shall be determined @ 10% of the difference in the Estimated Project Cost and the Bid Project Cost. The formula for calculating the Additional Performance Security is: Additional Performance Security = 10% of (Estimated Project Cost - Bid Project Cost) But the exact value of the Estimated Project Cost is not provided. Therefore, the answer includes the minimum Net Worth and its formula, but the exact bid capacity formula with a specific value is partially found.
Technical Capacity
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The required prior work experience for the bidder is related to Eligible Projects, which are categorized into four categories. For Categories 1 and 2, the bidder should have experience in projects with an estimated capital cost exceeding a specified amount. The bidder should provide details of the project, including the name, address, and contact details of the owner/Authority/Agency, as well as the estimated capital cost and date of commissioning. For Categories 3 and 4, the bidder should have experience in construction projects where the payment made or received exceeds a minimum specified amount. The bidder should provide details of the project, including the name, address, and contact details of the client, as well as the estimated capital cost and date of completion. The bidder should also provide information on the total payments received or made and/or revenues appropriated for each Eligible Project for the past 5 financial years. The figures should indicate the break-up for each year. In terms of specific values and percentages, the bidder should provide the estimated capital cost of the Eligible Project, total payments received or made and/or revenues appropriated for each Eligible Project for the past 5 financial years, and equity shareholding of the Bidder in the company owning the Eligible Project. A certificate from the statutory auditor is required, which includes details such as the total estimated capital cost of the project, the amount of capital expenditure incurred during the past five financial years, and the eligible annual revenues collected and appropriated by the project company during the past five financial years. The certificate should mention the following values and percentages: - The amount of equity held by the bidder and the percentage of the total paid-up and subscribed equity capital.
- The total estimated capital cost of the project.
- The amount of capital expenditure incurred during the past five financial years, with year-wise details.
- The eligible annual revenues collected and appropriated by the project company during the past five financial years, with year-wise details. The bidder should have prior work experience in works of Expressways, National Highways, ISC & EL works. The bidder should not have failed to perform on any contract, as evidenced by imposition of a penalty by an arbitral or judicial authority or a judicial pronouncement or arbitral award against them. The bidder should not have paid liquidated damages of more than 5% of the contract value in a contract due to delay or has been penalised due to any other reason in relation to execution of a contract, in the last three years. The experience score is calculated based on the cost of the project and the bidder's equity shareholding in the consortium. The bidder should have completed at least one project of a similar nature, and the value of such project should be at least Rs. 10.50 Crore. The bidder should have a minimum Net Cash Accruals of at least Rs. 10.50 Crore, and a minimum Net Worth of at least Rs. 10.50 Crore. The bidder should also have a minimum experience score, which is calculated based on the cost of the project, and the bidder's equity shareholding in the consortium. The conversion rate for US Dollars to Rupees is Rupees 60 to a US Dollar. The Bid Security amount is Rs. 10.50 Crore. The value of similar works completed should be mentioned in the Experience column, but the percentage of similar works completed is not explicitly mentioned, except for the 5% liquidated damages threshold.
Costs
EMD
₹ 10,50,00,000Document Cost
₹ 1,10,000Tender Fee
Refer Documents
Summary
Construction Of Four Laning Of Areraj-bettiah Starting From Areraj (0.500) Near Sh-54 And Terminating Near Village Gurwalia Biswas (41.080)
Description
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Contact
Tender Id
2024_NHAI_208943_1Tender No
NHAI/BH/Areraj-Bettiah /139W/2024Tender Authority
National Highways Authority Of India ViewPurchaser Address
-Website
http://https://nhai.gov.in/
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