Housing And Urban Development Department 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.

Housing And Urban Development Department Tender

Works
Eprocure
Opening Date25 Feb 2025
Closing Date19 Mar 2025
Tender AmountINR 3,25,16,680 (USD 3,76,021)

AI Insights

Technical
Bid Capacity
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To extract the bid capacity required in the given tender, including any value and formulas, we look at the provided details. The bid capacity of prospective bidders is calculated using a specific formula: Assessed Available Bid Capacity = (A * N - B), where A represents the maximum value of Civil Engineering works executed in any one year during the last five years, updated to the current price level, N is the number of years prescribed for completion of the project, and B is the value of existing commitments and on-going works to be completed during the project's completion period, also updated to the current price level. Additionally, for works valued above Rs. 1.00 Crore, bidders must have an available bid capacity that exceeds the total value of their financial bid. However, the exact formula for this calculation is referenced to a specific clause, implying that the calculation method might be detailed elsewhere. Given this information, the bid capacity required can be summarized with the provided formula and the condition for works above Rs. 1.00 Crore. Therefore, the bid capacity required in the given tender, including value and formulas, is found as follows: - The formula for Assessed Available Bid Capacity is (A * N - B). - For works above Rs. 1.00 Crore, the available bid capacity must be more than the total value of the financial bid. Thus, the answer to the query regarding the extraction of bid capacity required in the given tender, including any value and formulas, is directly provided by the formula and the specific condition for higher-valued works.
Technical Capacity
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The required prior work experience for the bidder includes having satisfactorily completed similar works in the last five years. For works above Rs. 10 Crores, the bidder should have completed one similar work of value not less than 80% of the estimated cost, or two similar works each of value not less than 50% of the estimated cost, or three similar works each of value not less than 40% of the estimated cost. The bidder should have achieved a minimum annual financial turnover of 40% of the estimated cost of work in any one of the last three years. The bidder should provide details of their experience, including the value of the total contract, and the maximum value of civil engineering works executed in any one year during the last three years. The value and percentage of similar works completed should be provided, including the contract value, percentage and amount of participation of the firm in the project/work, percentage and amount sub-contracted by the firm, value of outstanding work, and estimated completion date. For works above Rs. 10 Crores, the bidder should have completed similar works of a minimum value of 50% of the estimated cost of the work, and the similar work should have been completed within the last 7 years. The bidder's available bid capacity is calculated as: Assessed Available Bid Capacity = (A * N - B), where A is the maximum value of civil engineering works executed in any one year, N is the number of years prescribed for completion of the project, and B is the value of existing commitments and on-going works. The bidder should have invested a minimum cash amount of up to 25% of the contract value of the work during implementation. The bidder's bid capacity should be more than the total value of their financial bid for works above Rs. 1.00 Crore. The bidder should provide information on their current contract commitments and works in progress, including the name of the contract, location and nature of the work, contract number and date, percentage and amount of participation of the firm in the project/work, and percentage and amount sub-contracted by the firm. The bidder should also provide an assessed available bid capacity, which is calculated pursuant to clause 4.4 of the ITB. The bidder is required to provide an affidavit/undertaking, which includes a statement that the bidder has not abandoned any work under the Government of India or the Government of Punjab, and that no contract awarded to the bidder has been rescinded during the last five years prior to the date of the bid. The specific values and percentages of similar works completed, such as the minimum value of one, two, and three similar works, and the minimum turnover amount, are not consistently mentioned throughout the context. However, the bidder should have minimum liquid assets and/or availability of credit facilities, although the amount is not specified. The bidder should provide a preliminary description of the proposed work method and schedule, including drawings and charts, as necessary, and the proposed methodology should include a program of construction backed with equipment planning and deployment duly supported with quality assurance procedures proposed to be adopted justifying their capability of execution and completion of works as per technical specifications, within the stipulated period of completion. For Joint Venture (for land development works costing Rs. 5 Crore and above), additional criteria are annexed at Annexure IV, but the details of this annexure are not provided in the context. In summary, the required prior work experience for the bidder includes completing similar works in the last five years, with specific requirements for works above Rs. 10 Crores, and providing details of their experience, including the value and percentage of similar works completed.

Costs

  • EMD

    INR 6,55,000 (USD 7,574)

Summary

Balance Work Of 100ft Wide Road Connecting To 150ft Wide Sector 77/88 Dividing Road And Other Roads At Sector 88-89 Sas Nagar Civil And Ph Works

Description

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