Irrigation Department Tender

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Irrigation Department Tender

Works
Civil And Construction
Eprocure
Opening Date7 Mar 2025
Closing Soon17 Mar 2025
Tender Amount₹ 2,75,51,000 

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is category or above, however the exact category is not specified.
Bid Capacity
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The bid capacity required in the given tender to bid can be calculated using the following formulas: 1. Average Annual Turnover ≥ 0.3 * COST OF WORK 2. Annual Financial Turnover ≥ Estimated Value of Work (adjusted for inflation at 7% per annum) 3. Average Annual Financial Turnover ≥ 0.3 * Estimated Value of Work 4. Annual Financial Turnover ≥ Estimated Value of Work (in any one year during the last 5 financial years) 5. (2AN - B) > Estimated Value of the work, where: - A = Maximum Value of Civil Engineering works executed in any one year during the last Five years (updated by giving 8% simple weightage per year to bring them to Current Financial Year price level) - N = Number of years prescribed for completion of the works for which tenders are invited - B = Value of existing commitments These formulas ensure that the bidder has sufficient capacity to execute the work.
Technical Capacity
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The required prior work experience for the bidder includes: - Three similar completed works costing not less than 40% of the estimated cost, - Two similar completed works costing not less than 50% of the estimated cost, - One similar completed work costing not less than 80% of the estimated cost. The experience will be updated by giving 8% simple weightage per year to bring it to the current financial year price level. A work experience certificate should not be issued below the rank of Executive Engineer. Additionally, the bidder should have average annual financial turnover in Civil works of not less than 30% of the estimated value of work during the last 3 years. The bidder must have completed similar works with a value of not less than the estimated value of the work in any one year during the last 5 financial years. The annual financial turnover shall be updated to the current financial year price level at 7% per annum.

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Description

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