Housing Directorate Tender

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Housing Directorate Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date2 Apr 2025
Closing Date21 Apr 2025
Tender AmountINR 2,53,48,799 (USD 2,95,788)
This is an estimated amount, exact amount may vary.

AI Insights

Financial
Additional Eligibility
Financial Strength
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Based on the provided information, the financial eligibility criteria for bidders to participate in the tender can be clustered into the following categories: 1. Bid Capacity: * 100% of the required bid capacity * In case of a Joint Venture: + Lead Member: 60% of the required bid capacity + Each Joint Venture Member: 30% of the required bid capacity 2. Working Capital: * Not less than 15% of the amount put to tender * Minimum 10% of the applicant's own resource 3. Turnover: * Minimum 40% of the estimated amount put to tender in a single work during the last 5 years 4. Credential Value: * Not less than 40% of the estimated amount put to tender in a single work during the last 5 years * Alternatively, completion of two similar nature works each of minimum value of 30% of the estimated amount put to tender during the last 5 years 5. Earnest Money Deposit (EMD): * Rs. 250,000 6. Security Deposit: * 10% of the tendered value of work actually done 7. Additional Performance Security: * 10% of the tendered amount (if the accepted bid value is 80% or less than the estimated amount put to tender) 8. Bank Solvency Certificate: * Not below Rs. 50 Lakhs Note that the net worth, revenue, and net profit are not specified in the provided information.

Costs

  • EMD

    INR 1,79,251 (USD 2,092)

Description

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Contact

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