Corporation Of Chennai Tender
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Technical
Technical
Financial
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: Bid Capacity ≥ 0.4 * Package Value Where Package Value = Rs. 701.57 Lakhs. Therefore, the bid capacity required is at least 40% of Rs. 701.57 Lakhs, which is Rs. 280.63 Lakhs. Additionally, the available bid capacity will be calculated as under: 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 of ongoing works. The bidder should also have liquid assets and/or availability of credit facilities to carry out the work, which should not be less than 50% of the package value, i.e., Rs. 350.79 Lakhs. The bid capacity required can be summarized as follows:
- Experience: At least one project with a value of not less than 40% of the current tender value (Rs. 280.63 Lakhs).
- Financial Turnover: Minimum annual turnover of 100% of the project value (Rs. 701.57 Lakhs) in at least two of the last five years.
- Liquid Assets: Access to funds equivalent to 50% of the project value (Rs. 350.79 Lakhs) for meeting cash flow requirements.
Technical Capacity
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The required prior work experience for the bidder includes:
- Senior Engineer: 5 years of experience with a BE in Civil engineering.
- Site Engineer: 2 years of experience with a BE in Civil engineering. As for similar works completed, the bidder is required to provide information on:
- Present activities: The bidder must fill in a form detailing the name and type of project/work they are presently executing, along with the execution period, construction cost, and percentage of work completed.
- Completed works: The bidder must fill in a form detailing the name and type of project/works completed during the last 5 years, along with the construction cost, type and amount of portion sublet, year of starting, and percentage of work completed. Specific values and percentages mentioned include:
- The bidder should have completed at least one work of not less than 40% of the tender value, which is Rs. 280.63 Lakhs.
- The bidder should have achieved a minimum annual financial turnover in civil engineering construction work of 1 time the value of the project being bided (100% value of the project being bided), which is Rs. 701.57 Lakhs, in at least any two financial years in the last five years.
- The estimated cash flow required is 50% of the total value of the project, which is Rs. 350.79 Lakhs.
Costs
EMD
INR 7,02,000 (USD 8,118)
Summary
Rejuvenation And Restoration Of Madhavaram Eri In Dn-27, Zone-3
Description
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Contact
Tender Id
2025_CoC_527392_1Tender No
SWDC.NO.B2/0474-01/2025Tender Authority
Corporation Of Chennai ViewPurchaser Address
-Website
http://http://www.chennaicorporation.gov.in/
Documents