Irrigation Department Tender
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Irrigation Department Tender
Works
Eprocure
Opening Date10 Feb 2025
Closing Soon15 Feb 2025
Tender AmountINR 4,75,00,000 (USD 5,42,412)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender to bid is calculated using the formula: 2AN - B.
Where,
A = Maximum Value of Civil Engineering works executed in any one year during the last Five years ending 31st March of the previous financial year (updated by giving 8% simple weightage per year to bring them to Current Financial Year price level)
N = Number of years prescribed for completion of the works for which tenders are invited (period up to 6 months to be taken as half-year and more than 6 months as one year)
B = Value of existing commitments i.e. agreemented works with agreement number & year and ongoing works with agreement number & year to be completed during the period of completion of the project for which tenders are invited.
Additionally, the bidder should have an average annual financial turnover of at least 30% of the COST OF WORK (without G.S.T) during the last 3 years, ending 31st March of the previous financial year.
Formula: Average Annual Turnover ≥ 0.3 * COST OF WORK (without G.S.T)
The bid capacity required can also be determined by the following:
- Average Annual Turnover = (Total Turnover for 3 years) / 3
- Required Turnover = 0.3 * COST OF WORK (without G.S.T)
- Similar Work Value = 0.3 * Estimated Cost of the work
However, the exact tender value or estimated cost is not provided.
Another formula for bid capacity is:
2AN - B > Estimated Value of the work.
Where,
A=Maximum Value of Civil Engineering works executed in any one year during the last Five years ending 31st March of the previous financial year (updated by giving 8% simple weightage per year to bring them to Current Financial Year price level) taking into account the completed as well as works in progress.
N=Number of years prescribed for completion of the works for which tenders are invited.(period up to 6 months to be taken as half-year and more than 6 months as one year).
B=Value of existing commitments i.e. agreemented works with agreement number & year and ongoing works with agreement number & year to be completed during the period of completion of the project for which tenders are invited.
Technical Capacity
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.
Additionally, the bidder should possess relevant experience of successful execution of similar projects with order value of
- 1 project equal to or more than 80% of tender value,
- 2 projects with order value of 50% or more of tender value,
- 3 projects with order value of 40% or more of tender value in last 7 years.
The bid capacity calculated should be at least 30% of the estimated cost, and the Assessed available Bid capacity as per formula (2AN-B) should be greater than the Estimated Value of the work.
The value and percentage of similar works completed are:
- At least 40% of the estimated cost for three similar completed works,
- At least 50% of the estimated cost for two similar completed works,
- At least 80% of the estimated cost for one similar completed work,
- At least 30% of the estimated cost for bid capacity calculation.
The amount is not explicitly specified but is tied to the estimated cost and tender value.
Costs
EMD
INR 9,50,000 (USD 10,848)
Summary
Lot3
Description
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Contact
Tender Id
2025_UPIDC_1003680_3Tender No
05/SE/2024-25Tender Authority
Irrigation Department ViewPurchaser Address
-Website
http://idup.gov.in/
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Documents
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