Department Of Rural Development And Panchayats Tender
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Department Of Rural Development And Panchayats Tender
Works
Eprocure
Opening Date24 Feb 2025
Closing Date17 Mar 2025
Tender AmountINR 3,09,58,056 (USD 3,57,997)
AI Insights
AI Insights
Technical
Bid Capacity
The bid capacity required in the given tender to bid can be calculated using the following formulas:
1. For bids with a value of Rs. 200 lakhs or less: 60% of the amount put to bid
2. For bids with a value of more than Rs. 200 lakhs: 75% of the amount put to bid
Additionally, the Assessed Available Bid capacity can be calculated using the formula:
Assessed Available Bid capacity = (A*N*M – B)
Where,
A = Maximum value of civil engineering works executed in any one year during the last five years (updated to the price level of the last year at the rate of 8 percent simple interest a year)
N = 1, if Completion time is more than 6 months, N=0.5 if completion time is less than equal to six months.
M = 3
B = Value, at the current price level, of existing commitments and on-going works to be completed during the period of completion of the works for which bids are invited.
The bid capacity is also related to the Earnest Money Deposit (EMD) and the Security Deposit, with specific values and formulas provided for each work.
However, the most relevant formulas for calculating the bid capacity required are:
a) 60% of amount put to bid, in case the amount put to bid is Rs. 200 lakhs and less.
b) 75% of amount put to bid, in case the amount put to bid is more than Rs. 200 lakhs.
This indicates that the bidder must have a bid capacity of at least 60% or 75% of the tender value, depending on the value of the tender.
Technical Capacity
The required prior work experience for the bidder is 5 years for a Diploma holder in Civil Engineering. For a Degree holder in Civil Engineering, no specific prior work experience is mentioned, but it is required for work value more than 50 Lacs.
The bidder should have completed at least one contract of the same type of work with a value of at least 40% of the proposed contract within the last 5 years. The bidder should have achieved an annual turnover in any of the years over the last five years, with 50% of it being from civil engineering construction works and equivalent. The specific turnover requirements are:
- 60% of the amount put to bid, if the amount put to bid is Rs.200 lakhs and less.
- 75% of the amount put to bid, if the amount put to bid is more than Rs. 200 lakhs.
The bidder should have credentials for successful completion of at least one contract of the same type of work in the same name and style as prime contractor, having a magnitude of at least 40% of the amount put to tender of the proposed contract within the last 5 years.
The intending contractors must have completed at least one work of similar nature in a single contract as a prime contractor within last five years from the date of issue of this NIT, value of which is not less than 40% of the amount put to tender.
The bidder should have experience of a single contract as a prime contractor within the last five years, with a value of not less than 40% of the amount put to tender.
Costs
EMD
INR 6,19,161 (USD 7,160)
Description
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Contact
Tender Id
2025_PRD_819126_2Tender No
14/APD/WBSRDA/POSTDLPMTC/24-25Tender Authority
Department Of Rural Development And Panchayats ViewPurchaser Address
-Website
wbtenders.gov.in
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Documents
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