Gorkhaland Territorial Administration Tender

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Gorkhaland Territorial Administration - GTA Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date6 Mar 2025
Closing Date29 Mar 2025
Tender AmountINR 5,54,24,486 (USD 6,34,435)
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AI Insights

Bid Capacity
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The bid capacity required in the given tender to bid having value 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. This formula is applicable for works valued more than 1 Cr. Additionally, for the Earnest Money Deposit, the formula is: 2% of the Estimated Amount put to Tender, or Rs 10 Lakh, whichever is lower.
Technical Capacity
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The required prior work experience for the bidder is that they should have successfully completed at least one contract of the same type of work at least 40% value of the proposed contract within the last 5 years from the date of publication of the NIT. Alternatively, they should have completed 2 (two) similar nature of work, each of minimum value of 30% of the estimated amount put to tender during the last 5 years prior to the issuance of the NIT. The value and percentage of similar works completed are as follows: - At least 40% value of the proposed contract for one contract. - Two contracts, each of minimum value of 30% of the estimated amount put to tender. Additionally, the annual 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 also have completed works equivalent to 50% of their annual turnover from civil engineering construction works.

Costs

  • EMD

    INR 10,00,000 (USD 11,447)

Description

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