Corporation Of Chennai Tender

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Search from a plethora of business opportunities for Tamil Nadu tenders posted on the eProcurement TamilNadu website and other online and offline sources. Here, on BidAssist, you can find the best tender opportunities to boost your enterprise by finding work in Tamil Nadu government tenders, PSUs, Municipal Corporations and more. Read on to learn about the bidder registration process, DSC and more.

Corporation Of Chennai Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date18 Mar 2025
Closing Date24 Mar 2025
Tender AmountINR 3,17,00,000 (USD 3,71,266)

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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The formula for bid capacity is: Assessed Available Bid capacity = (A x N x 2-B) Where A = Maximum value of construction works executed in any one year during the last five years (updated to 2024-25 price level) taking into account the completed as well as works in progress. N = Number of years prescribed for completion of works for which bids are invited. B = Value of existing commitments and on-going works to be completed during the next 6 months (period of completion of works for which bids are invited).
Technical Capacity
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The bidder should have prior work experience in Concrete Works, with at least one work not less than 50% of the value put to tender under a single agreement in any one of the preceding five years. The value of this work should be at least 50% of the tender value, which is Rs. 159.00 lakhs. This indicates that the bidder should have completed a work of at least Rs. 159 lakhs, which is 50% of the total tender value. Additionally, the bidder should have achieved an annual turnover of not less than 75% of the work value in any one of the preceding five years, with a value of Rs. 238.00 lakhs. The working capital required is sufficient to finance at least 10% of the value put to tender, which is Rs. 32 lakhs.

Costs

  • EMD

    INR 3,17,000 (USD 3,713)

Description

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Contact

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