Corporation Of Chennai Tender

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Corporation Of Chennai Tender

Works
Civil And Construction
Excavation
Eprocure
Opening Date21 Feb 2025
Closing Date4 Mar 2025
Tender AmountINR 2,04,54,000 (USD 2,35,704)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid includes: 1. Minimum annual financial turnover in civil engineering construction work: 1.5 times the value of the project being bid. Formula: 1.5 * Package Value Value: Rs. 306.81 Lakhs 2. Liquid assets, unencumbered real assets, lines of credit, and other financial resources: 50% of the total value of the project for which the bid is being submitted, after deducting the Bidder's existing commitments. Formula: 0.5 * Package Value Value: Rs. 102.27 Lakhs 3. Experience in civil engineering works: The bidder should have executed at least one work not less than 80% of the value put in tender under a single agreement in any one of the preceding five years. Formula: 0.8 * Package Value Value: Rs. 163.63 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 in at least any two financial years in the last five years. The Assessed Available Bid capacity can be calculated using the formula: Assessed Available Bid capacity = (A x N x 1.5 - B) Where A = Maximum value of civil engineering works executed in any one year during the last five years, N = Number of years prescribed for completion of the works for which bids are invited, B = Value, at the current price level, of existing commitments on on-going works to be completed during the period of completion of the works for which bids are invited.
Technical Capacity
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The bidder should have prior work experience in executing works in relevant fields, such as Storm water drain works, Canal works, and Ponds works. They should have executed at least one work not less than 80% of the value put in tender, which is Rs.163.63 Lakhs, under a single agreement in any one of the preceding five years ending 31.01.2025 in State Government Department / Undertaking / Local Bodies. For the last five years, the bidder should provide information on the projects they are presently executing, including brief technical descriptions, client names and addresses, contract periods, construction costs, and percentages of work completed. The bidder should provide information on the name and type of project/work, brief technical description, name and address of the client, period of contract, construction cost of the project, type and amount of portion sublet by the bidder, year of starting, and percentage of work completed. The bidder should also provide information on their past experience in working as a main contractor and in joint ventures for the last five years. A Performance Certificate for the work should be enclosed and is subject to verification. The value of 80% of the work is Rs.163.63 Lakhs. 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 bided, which is 150% of the project value, amounting to Rs.306.81 Lakhs, in at least any two financial years in the last five years.

Costs

  • EMD

    INR 2,05,000 (USD 2,362)

Summary

Dem And Recon Of Swdof Size 1.2x1.2m About A Length Of 210m At Habibullah Rd And Rd Crossing At North Usman Rd,thirumalai Pillai Rd In D113, And Dem And Recon Of Swd Of Size 900x900mm At Boat Club Rd In D122, Along Hd Raja Street In Div.123, Z-9

Description

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