Corporation Of Chennai Tender

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Corporation Of Chennai Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date25 Feb 2025
Closing Date11 Mar 2025
Tender AmountINR 3,35,16,000 (USD 3,87,577)
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AI Insights

Class Of Bidder
Bid Capacity
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The bid capacity required in the given tender to bid is as follows: - 80% of the Package value: Rs.268.13 Lakhs, formula: 80% of the Package value - 1.5 times of the Package value (for minimum annual financial turnover in civil engineering construction work): Rs. 502.74 Lakhs, formula: 1.5 * Project Value or 150% * Project Value - 50% of the Package Value (for estimated cash flow required): Rs.167.58 Lakhs, formula: 50% of the Package Value Additionally, the bid capacity can be calculated using the formula: Bid Capacity = 1.5 * Project Value, where Project Value is Rs. 335.16 Lakhs. Therefore, the bid capacity required is Rs. 502.74 Lakhs.
Technical Capacity
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The bidder should have experience in civil engineering works such as Storm water drain works, Canal works, and Pond works. They should have executed at least one work not less than 80% of the value put in tender under a single agreement, with the value of this work being 80% of the Package value, which is Rs.268.13 Lakhs. Additionally, the bidder should have achieved a minimum annual financial turnover in civil engineering construction work of 1.5 times the value of the project being bid, which is Rs.502.74 Lakhs (150% of the package value), in at least any two financial years in the last five years. The required prior work experience for technical personnel includes a Senior Engineer with 5 years of experience and a Site Engineer with 2 years of experience, both with a BE Civil degree. The bidder should also provide evidence of access to, or availability of, liquid assets, unencumbered real assets, lines of credit, and other financial resources that are sufficient to meet the projected construction cash flow requirements, which is estimated as 50% of the total value of the project, amounting to Rs.167.58 Lakhs.

Costs

  • EMD

    INR 3,36,000 (USD 3,885)

Summary

Improvement Works To Veerangal Odai At Inner Ring Road (redington Tower) To Velachery 100 Feet Road (fitta Accadamy) In Dn-176, Zone-13

Description

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