Postgraduate Institute Of Medical And Education And Research Tender

Calculate bid estimation of Chandigarh PGIMER Tender

Postgraduate Institute Of Medical And Education And Research - PGIMER Tender

Works
Security and Emergency Services
Electrical and Electronics
Eprocure
Opening Date2 May 2025
Closing Date13 May 2025
Tender Amount₹ 4,88,27,077 

AI Insights

Technical
Financial
Bid Capacity
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The formula for bidding capacity is {[AxNx1.5]-B}, where A represents the maximum turnover in construction works executed in any one year during the last seven years, N is the number of years prescribed for completion of work for which bids have been invited, and B is the value of existing commitments and ongoing works to be completed during the period of completion of work for which bids have been invited.
Technical Capacity
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The bidder must have definite proof of having satisfactorily completed similar works of magnitude. The similar works requirements are: - Three similar works each costing not less than Rs. 195.30 Lakh - Two similar works each costing not less than Rs. 293.00 Lakh - One similar work costing not less than Rs. 390.60 Lakh. The value of executed works shall be brought to current costing level by enhancing the actual value of work at a simple rate of 7% per annum. No specific percentage of similar works completed is mentioned, but the bidder should have had an average annual financial turnover of Rs. 146.50 Lakh in works during the last three years. Additionally, the bidding capacity formula includes a multiplier of 1.5, but no specific percentage of similar works is mentioned in this context.

Costs

Description

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