Corporation Of Chennai Tender
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Corporation Of Chennai Tender
Works
Eprocure
Opening Date25 Feb 2025
Closing Date6 Mar 2025
Tender AmountINR 2,02,61,000 (USD 2,34,297)
AI Insights
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Technical
Financial
Class Of Bidder
Class I Registered contractor with a monetary limit above Rs.75.00 lakhs.
Bid Capacity
The bid capacity required in the given tender to bid is 30% of the tender value of work, which is Rs.58.74 Lakhs. This can be calculated using the formula:
Bid capacity = 30% of tender value
= 0.3 * tender value
= 0.3 * Rs.195.81 Lakhs
= Rs.58.74 Lakhs
Alternatively, the bid capacity can also be found directly as Rs.58.74 Lakhs, which is 30% of the tender value of work.
Additionally, another formula for bid capacity is given as:
Assessed Available Bid capacity = (A x N x 1.5 - B)
Where
A = Maximum value of annual turnover in any one year during the last Three years (updated to 2023-24 price level).
N = Number of years prescribed for completion of works for which bids are invited, which is 1 year in this case.
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.
Technical Capacity
The required prior work experience for the bidder is in similar nature of works, specifically Construction/ Improvement of Playfields. The bidder should have successfully completed similar Play Field works during the last seven years. The required prior work experience can be either one of the following:
- One similar completed work costing not less than 80% of the work value, which is Rs. 156.64 Lakhs.
- Two similar completed works costing not less than 50% of the estimated cost, which is Rs. 97.90 Lakhs.
- Three similar completed works costing not less than 40% of the work value, which is Rs. 78.32 Lakhs.
The percentages of similar works completed are 80%, 50%, and 40% of the work value, with corresponding amounts of Rs. 156.64 Lakhs, Rs. 97.90 Lakhs, and Rs. 78.32 Lakhs, respectively.
Costs
EMD
INR 2,05,000 (USD 2,371)
Summary
Repairs And Improvement Work For 19 Nos Of Playfield And Providing Children Play Apparatus At Various Locations In Dn195 196 197and 200 Zone15 Packagex
Description
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Contact
Tender Id
2025_CoC_527653_1Tender No
S.D.C.NO.A3/142-10/2025Tender Authority
Corporation Of Chennai ViewPurchaser Address
-Website
http://www.chennaicorporation.gov.in/
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Documents
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