Irrigation Department Tender

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Irrigation Department Tender

Works
Civil And Construction
Eprocure
Opening Date14 Feb 2025
Closing Date24 Feb 2025
Tender AmountINR 4,23,94,000 (USD 4,84,106)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender is related to two conditions: 1. The Assessed available Bid capacity as per the formula (2AN-B) should be greater than the Estimated Value of the work. Here, A = Maximum Value of Civil Engineering works executed in any one year during the last Five years N = Number of years prescribed for completion of the works for which tenders are invited B = Value of existing commitments 2. The bidder should have an average annual financial turnover during the last 3 years, ending 31st March of the previous financial year 2024, of at least 30% of the COST OF WORK (without G.S.T). The formula for this can be represented as: Turnover ≥ 0.3 * COST OF WORK Therefore, the bid capacity required is calculated using the formulas (2AN-B) and Turnover ≥ 0.3 * COST OF WORK.
Technical Capacity
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The required prior work experience for the bidder includes having successfully completed similar nature of civil works during the last 7 years. The experience requirements are as follows: - Three similar completed works costing not less than 40% of the estimated cost, - Two similar completed works costing not less than 50% of the estimated cost, - One similar completed work costing not less than 80% of the estimated cost. The experience will be updated by giving 8% simple weightage per year to bring them to the current financial year price level. The bidder should have executed similar work, which includes various types of construction works such as Spillways, Dams, Barrages, Canals, and Building Work. The work experience certificate should be issued by an officer not below the rank of Executive Engineer.

Costs

  • EMD

    INR 8,48,000 (USD 9,683)

Description

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Contact

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