Department Of Local Government Tender

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If you want to inquire about any e-tender the Punjab government has posted, Bidassist gives a one-stop solution i.e. being a registered bidder you will find every eprocurement Punjab tender on BidAssist.There is no need to enter all the details on the website of etender.up.nic.in as BidAssist helps you find the specific Punjab etender you're looking for. Read further to learn how to search and bid for etender Punjab.

Department Of Local Government Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date19 Feb 2025
Closing Date13 Mar 2025
Tender AmountINR 2,28,86,000 (USD 2,63,729)

AI Insights

Technical
Financial
Bid Capacity
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Available bid capacity > Estimated value of the project/work - Liquid assets and/or credit facilities >= Estimated cash flow for 3 months in peak construction period - Ability to invest minimum 25% of contract value during implementation of work. Formulas based on the contract value (CV): 1. Financial Resources = 0.10 * CV 2. Cash Investment = 0.25 * CV Minimum liquid assets and/or availability of credit facilities should be Rs. 57.21 Lacs (25% of 228.86)
Technical Capacity
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The required prior work experience for the bidder includes experience as a Prime Contractor, in a Joint Venture, or as a Sub-Contractor. The bidder should have satisfactorily completed one similar work of value not less than 80% of the estimated cost of work, or two similar works each of value not less than 50% of the estimated cost of work, or three similar works each of value not less than 40% of the estimated cost of work. The bidder should also have achieved a minimum annual financial turnover equal to 40% of the estimated cost of work in any one of the last three financial years. The bidder should provide details of their experience in similar works, including the value and percentage of similar works completed, but specific values and percentages are not consistently mentioned. However, it is mentioned that the bidder should have completed similar works with specific details to be provided in the qualification information. The bidder is also required to provide information on their current commitments, including the contract value, percentage and amount of participation, and percentage and amount subcontracted. The bidder should provide the total value of expected value of work to be carried out during the completion period of the Project/Work and the assessed available bid capacity. Additionally, the bidder should provide an undertaking that their available bid capacity is more than the estimated value of the project/work. The bidder should also provide information on their average annual turnover, but the exact amount is not specified. The bidder should have experience of a similar nature and complexity, with details of contracts of similar nature and complexity to be provided. The bidder should also provide a construction experience record, information on the availability of personnel and equipment, and details of their existing commitments. If the bidder proposes to use named Sub-Contractor(s) for critical components of the works, or for work contents in excess of 10 percent of the value of the whole works, they should provide information on the Sub-Contractor(s).

Costs

  • EMD

    INR 4,57,720 (USD 5,275)

Description

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Contact

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