Corporation Of Chennai Tender
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Technical
Technical
Financial
Additional Eligibility
Class Of Bidder
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Class I
Bid Capacity
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The bid capacity required in the given tender can be calculated using the formula: Assessed Available Bid capacity = (A x N x 1.5 - B) Where A = Maximum annual turnover in any one year during the last five years (updated to 2023-24 price level). N = Number of years prescribed for completion of works for which bids are invited. B = Value, at price 2023-24 level, of existing commitments and on-going works to be completed during the period of completion of the works for which bids are invited. Additionally, the bid capacity should be more than the total bid value. Other requirements include:
- Minimum Average Annual Turnover = 0.5 * Estimated Cost of the Project
- Minimum Working Capital = 0.3 * Tender Value
- Minimum Similar Work Experience Value = - For three works: 0.4 * Estimated Cost - For two works: 0.5 * Estimated Cost - For one work: 0.8 * Estimated Cost Also, 1. Average Annual financial turnover = (Total turnover for the last 5 years) / 5 The average annual financial turnover should be at least 50% of the estimated cost, i.e., Average Annual financial turnover ≥ 0.5 * Estimated cost 2. Liquid assets and/or credit facilities = 0.3 * Tender value of work
Technical Capacity
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The required prior work experience for the bidder can be demonstrated by one of the following: * Three similar completed works costing not less than 40% of the estimated cost, with a minimum value of Rs. 3,16,00,000.00 (40% of the estimated cost)
* Two similar completed works costing not less than 50% of the estimated cost, with a minimum value of Rs. 3,95,00,000.00 (50% of the estimated cost)
* One similar completed work costing not less than 80% of the estimated cost, with a minimum value of Rs. 6,32,00,000.00 (80% of the estimated cost) The similar nature of works refers to the construction of buildings. Completion certificates obtained from the respective departments should be enclosed for the similar works completed. The bidder must have successfully completed similar building works during the last five years. Additionally, the required prior work experience includes specific experience for the Project Manager, Site Engineer, and Foreman/Supervisor, but the query focuses on the bidder's prior work experience in terms of similar works completed. The estimated cost of the work is approximately Rs. 7,90,00,000.00, and the percentages and values mentioned are based on this estimated cost.
Costs
EMD
INR 7,90,000 (USD 9,067)
Description
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Contact
Tender Id
2025_CoC_531329_1Tender No
B.D.C.No.B1/0370/2025Tender Authority
Corporation Of Chennai ViewPurchaser Address
-Website
http://http://www.chennaicorporation.gov.in/
Documents