Brihanmumbai Electric Supply And Transport Undertaking Tender

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Brihanmumbai Electric Supply And Transport Undertaking - BEST Tender

Works
Energy, Oil and Gas
Eprocure
Opening Date25 Feb 2025
Closing Date18 Mar 2025
Tender AmountINR 2,50,00,000 (USD 2,89,099)
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AI Insights

Bid Capacity
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To determine the bid capacity required, we look at the financial capacity criteria. The minimum solvency certificate required is 5 Lacs for works costing more than Rs. 20 Lacs and upto Rs. 50 Lacs. The average annual turnover required is 25 Lacs for the same category. For offers beyond 20% below the estimated cost, an additional security deposit is required, calculated as 5% of the estimated cost for offers 20% below the estimated cost, and 5% plus additional percentage for every fraction quoted below 20% of the estimated cost for offers more than 20% below the estimated cost. Given the estimated cost of 50,00,000/-, the additional security deposit for offers between 20% below the estimated cost and more than 20% below is 2,50,000/-. The bid capacity required includes the minimum solvency certificate of 5 Lacs, an average annual turnover of 25 Lacs, and an additional security deposit based on the offer percentage below the estimated cost. The formulas for calculating the additional security deposit are 5% of the estimated cost for offers 20% below the estimated cost, and 5% plus additional percentage for offers more than 20% below the estimated cost. However, specific bid capacity values or direct formulas beyond the additional security deposit and solvency requirements are not explicitly provided for a straightforward extraction. The information focuses on conditions and additional financial requirements rather than a direct "bid capacity" metric. Thus, the bid capacity required to bid for the given tender includes financial capacity criteria such as solvency certificates and average annual turnover, along with additional security deposits based on the offer price. But without explicit bid capacity values or formulas beyond these aspects, the direct answer to the query as posed would be focused on the provided financial criteria and additional security deposit calculations. Given the constraints and focusing strictly on the provided details, the bid capacity required involves meeting the minimum solvency certificate, average annual turnover, and additional security deposit requirements based on the offer percentage below the estimated cost. The formulas provided for the additional security deposit are based on the percentage of the offer below the estimated cost. Therefore, the bid capacity required for the given tender includes meeting specific financial criteria and additional security deposit requirements based on the offer price, with calculations for the additional security deposit provided. However, without a direct and explicit "bid capacity" value or formula provided in the context beyond these requirements, the response to the query about extracting bid capacity having value and formulas would need to reflect the information given. The bid capacity required includes: - Minimum solvency certificate: 5 Lacs - Average annual turnover: 25 Lacs - Additional security deposit: Calculated based on the offer percentage below the estimated cost, with 5% of the estimated cost for offers 20% below, and additional percentages for offers more than 20% below. Given this, the answer to the query, considering the need for a direct "value and formulas" for bid capacity, and the information provided, would be to outline the financial criteria and additional security deposit requirements as the basis for determining bid capacity.
Technical Capacity
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The required prior work experience for the bidder is in the relevant category C3, within the past 7 years. The bidder should have completed works with a total cost of either: - Three similar works costing not less than 40% of the estimated cost, - Two similar works costing not less than 50% of the estimated cost, - One similar work costing not less than 80% of the estimated cost. For works related to other organizations or private premises, the tenderer shall submit a certificate issued by the Architect/Engineer of the authority concerned, stating that the work was carried out within the given time frame. The total cost of completed works in government, semi-government, or public sector undertakings shall be considered as 100%, while for private properties, 50% of the cost of the completed work shall be considered, certified by a registered Architect/Structural Engineer/Chartered Accountant.

Costs

  • EMD

    INR 40,000 (USD 463)

Summary

Repairs To Distribution Substations Dss For Automation Of Dss Under Adms Project At Various Places In Mumbai City Limits.

Description

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