Irrigation And Flood Control Department Tender

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Irrigation And Flood Control Department - IFC Tender

Works
Civil And Construction
Drainage Work
Eprocure
Opening Date16 Apr 2025
Closing Date30 Apr 2025
Tender AmountINR 2,42,65,000 (USD 2,81,355)

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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The formula for bid capacity is: Available bid capacity = A x M x N - B, where A = Maximum value of Civil engineering works executed in any one year during the last five years (updated at the current price level), taking into account the completed as well as works in progress. M = Multiplier Factor (2) N = Number of years prescribed for completion of the work in question (N=1). B = Value (updated at the current price level) of the existing commitments and ongoing works to be completed in the next 'N' years.
Technical Capacity
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The required prior work experience for the bidder is defined as having successfully completed or substantially completed similar works during the last seven years. The similar works should meet one of the following conditions: - Three similar completed/substantially completed works costing not less than 40% of the estimated cost. - Two similar completed/substantially completed works costing not less than 50% of the estimated cost. - One similar completed work/substantially completed costing not less than 80% of the estimated cost. The bidder should provide details of similar works completed, including the name of the work, estimated cost, date of start, and date of completion, along with a completion certificate from the authority for whom the work was completed. The bidder should also provide information on any pending litigation or arbitration cases related to the completed works. The value of similar works completed should be provided in the local currency, with the cost of work mentioned in crores. Substantial completion is based on 80% or more works completed under the contract, value-wise, with the value of work executed adjusted to the current costing level at a simple rate of 7% per annum. The bidder is required to have experience as a Prime Contractor for a certain number of years, although the exact number of years is not specified. The bidder should fill in the number of years of experience in their own country and other countries. Additionally, the bidder should provide a list of ongoing works with completion percentage, certified by the competent authority, and a completion certificate for completed works. A credit facility certificate indicating the maximum limit for the work is also required. For the performance security, the successful bidder shall produce Performance Security in the shape of a bank guarantee pledged to the relevant authority at 3% of the value of the contract at the time of fixing the contract.

Costs

  • EMD

    INR 4,85,300 (USD 5,627)

Description

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Contact

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