Hindu Religious Institutions And Charitable Endowments Tender
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Hindu Religious Institutions And Charitable Endowments Tender
Works
Eprocure
Opening Date25 Feb 2025
Closing Date12 Mar 2025
Tender AmountINR 6,12,79,991 (USD 7,08,639)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender to bid can be calculated using the following formulas:
1. Annual Financial Turnover: 150% of the estimated annual value put to tender of the proposed work during any one of the preceding 5 years.
Formula: Estimated Financial Annual Turnover = (A/B) x 12 Months x 1.50 times
Where “A” is the department value of pre-qualification tender and “B” is the proposed period of completion for the particular work.
2. Share Capital: The applicant should have a minimum of issued/called up share capital and the capital reserves equal to at least 20% of the value of work for which the pre-qualification tender has been called for.
Formula: Share Capital = 20% of the value of work
3. Working Capital: The applicant shall have required working capital for at least sufficient to finance for one-month current activity (including all ongoing works in hand and works awarded and to be commenced).
Formula: Working Capital = One-month current activity
One-month current activity = (Sum of total value of unfinished portion of works already committed by the applicant + Value of work for which the pre-qualification application is called for) / Number of months stipulated for its completion
Additionally, the bid capacity required is also related to the quantity of RCC items executed, and the annual financial turnover of the applicant should not be less than 150% of the value of the tender in any one of the preceding five years. The working capital amount should be more than the one-month current activity.
However, the exact value of the bid capacity required is not explicitly mentioned.
Technical Capacity
The required prior work experience for the bidder includes:
- The applicant should remain in the same “Name and Style” in the Sthapathy/Sirppi (Black stone) field at least for the past 5 years.
- The registered individual contractor should have experience in Sthapathy/Sirppi (Black stone) field for at least 5 years.
- Project Manager should have at least Ten years experience in executing similar works.
- Site Engineers should have at least Five Years experience in Civil Engineering and Electrical Engineering.
- Diploma holders in Civil Engineering and Electrical Engineering should have at least Three years experience.
For similar works completed, the bidder should have completed:
- One work of similar nature with a value not less than 50% of the proposed contract in a single agreement in any one of the preceding 5 years.
- Alternatively, two works in two agreements of similar nature with a value not less than 25% of each work of the proposed contract value in any one of the preceding 5 years.
The bidder should have executed the following quantities of RCC items in any of the preceding 5 years:
- Design mix M15: 75 Cum
- Design mix M20: 2000 Cum
- Design mix M20 (Vibrated Reinforced cement concrete): 900 Cum
- Design mix M30 (Vibrated Reinforced cement concrete): 100 Cum
- Design mix M35: 1500 Cum
Alternatively, for two works of similar nature, the bidder should have executed the following quantities of RCC items in each work in any of the preceding 5 years:
- Design mix M15: 38 Cum
- Design mix M20: 1000 Cum
- Design mix M20 (Vibrated Reinforced cement concrete): 450 Cum
- Design mix M30 (Vibrated Reinforced cement concrete): 50 Cum
- Design mix M35 (Vibrated Reinforced cement concrete): 750 Cum
The annual financial turnover of the bidder should not be less than 150% of the value of the tender in any one of the preceding 5 years.
The bidder should also have a minimum of issued/called-up share capital and capital reserves equal to at least 20% of the value of the work for which the pre-qualification tender has been called for.
The working capital required should be sufficient to finance at least one month of current activity, including all ongoing works in hand and works awarded and to be commenced.
Costs
EMD
INR 3,16,500 (USD 3,660)
Description
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Contact
Tender Id
2025_HRCE_527493_1Tender No
16051/2022/A3Tender Authority
Hindu Religious Institutions And Charitable Endowments ViewPurchaser Address
-Website
tntenders.gov.in
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Documents
Tender Document and Pre Qualification Application
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