Chandigarh Administration Tender

View complete overview of Chandigarh Chandigarh Administration Tender

Chandigarh Administration Tender

Works
Civil And Construction
Civil Works Others
Eprocure
Opening Date20 Feb 2025
Closing Date13 Mar 2025
Tender Amount₹ 3,60,29,462.06 
This is an estimated amount, exact amount may vary.

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid can be calculated using the formula: Bidding Capacity = {[A x N x 1.5] - B} Where: A = maximum turnover in construction works executed in anyone year during the last seven years, N = Number of years prescribed for completion of work for which bids have been invited, B = Value of existing commitments and ongoing works to be completed during the period of completion of work for which bids have been invited. The bidding capacity should be equal to or more than the estimated cost of the work put to tender. However, the exact bid capacity value is not provided. But the formula to calculate it is: Bidding Capacity = {[A x N x 1.5] - B}
Technical Capacity
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The required prior work experience for the bidder includes satisfactorily completing similar works during the last seven years. The specific requirements are as follows: - Three similar works each costing not less than 40% of the estimated cost, - Two similar works each costing not less than 60% of the estimated cost, - One similar work costing not less than 80% of the estimated cost. The estimated cost of the work is Rs. 3,60,29,462. The corresponding values for the required prior work experience are: - 40% of Rs. 3,60,29,462 = Rs. 1,44,11,784.80, - 60% of Rs. 3,60,29,462 = Rs. 2,16,17,677.20, - 80% of Rs. 3,60,29,462 = Rs. 2,88,23,569.60. These values and percentages indicate the minimum requirements for similar works completed by the bidder.

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Past Bidders
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