Directorate Of Town Panchayats Tender

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Directorate Of Town Panchayats - DTP Tender

Works
Eprocure
Opening Date4 Feb 2025
Closing Date12 Feb 2025
Tender AmountINR 2,78,00,000 (USD 3,20,832)

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is at least a Class II contractor for packages valued up to Rs.75.00 Lakhs and at least a Class I contractor for packages valued above Rs. 75 Lakhs.
Bid Capacity
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To determine the bid capacity required, specific financial and technical criteria must be met. These include an Earnest Money Deposit (EMD) of 1% of the contract value, an annual minimum financial turnover of not less than 50% of the value put to tender, completion of similar works worth at least 50% of the tender value, and sufficient working capital to finance at least 15% of the tender value. The formulas to calculate these capacities are: - Annual Minimum Financial Turnover: 0.5 * Tender Value - Similar Work Completion: 0.5 * Tender Value - Working Capital: 0.15 * Tender Value These formulas indicate the required financial turnover, experience, and working capital for bidders. However, the exact tender value is necessary to calculate the specific bid capacity required. Since the tender value is not provided, the precise bid capacity cannot be determined.
Technical Capacity
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The required prior work experience for the bidder is at least five years in the Civil Engineering construction field. The bidder should have completed Drain/Civil work(s) of not less than 50% of the value put to tender under a single agreement in any one of the preceding three years for a Government Department/Board/Government Undertaking. The bidder should also have an annual minimum financial turnover of not less than 50% of the value put to tender in a financial year in the preceding three years. Additionally, the bidder should have working capital sufficient to finance at least 15% of the value put to tender. The value of the work completed should be at least 50% of the value put to tender, and the bidder should have satisfactorily completed the work. The bidder is required to furnish details of the works completed, including the type and nature of work, location, value of work as per agreement, and actual value of work executed. The bidder should also provide information on any delays in completion, reasons for delay, and the quality of work done, along with a certificate from the Engineer-in-charge stating whether the work was "Satisfactorily Completed". The bidder should have completed the work within the stipulated period of contract, and should have obtained a certificate from the Engineer-in-charge. The specific amount of the value put to tender is not mentioned, but the bidder should have completed similar works with a value of at least 50% of the tender value. The percentage of similar works completed is 50% of the value put to tender. The bidder should provide the required information and documents, including the details of the equipments and machinery available, and the details of the works completed. The bidder should ensure that all the requirements are met, and that the bid is submitted in the required format and within the specified timeframe.

Costs

  • EMD

    INR 2,78,000 (USD 3,208)

Description

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Contact

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