Irrigation Department Tender

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Irrigation Department Tender

Works
Civil And Construction
Bridge Construction
Eprocure
Opening Date6 Mar 2025
Closing Date3 Apr 2025
Tender AmountINR 7,18,45,333 (USD 8,22,402)

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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To determine the bid capacity required, we look at the financial requirements and formulas provided. The bidder should possess adequate working capital of more than 10% of the probable estimated cost of work. This can be represented as: Working Capital > 0.10 * Probable Estimated Cost of Work. Additionally, the annual financial turnover and cost of completed works of previous years shall be given a weightage of 5% per year, represented as: Weighted Annual Financial Turnover = Annual Financial Turnover * (1 + 0.05)^n, where n is the number of years. Also, the grand total quoted amount by a bidder should be more than 75% of the total estimated cost, represented as: Grand Total Quoted Amount > 0.75 * Total Estimated Cost. These formulas indicate specific financial capabilities and calculations required for bid capacity.
Technical Capacity
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The bidder must have experience of having successfully completed at least one similar work costing more than 40% of the estimated cost of work put to tender, for Government/Semi Government Clients during the last 5 years. The similar nature of works refers to works of any magnitude with a minimum as stated above, which is of the same nature and type of the work tendered. The bidder should have experience as a General Bidder and Sub Contractor, although the specific number of years is not mentioned. Regarding the value and percentage of similar works completed, the bidder should provide information on the annual value of construction works undertaken for each of the last five years, and the value of work completed and certified, along with the percentage of partial completion. However, specific values like the exact amount and percentage of similar works completed are not provided. The bidder should also provide net profit before tax for the current period and the last four financial years.

Costs

  • EMD

    INR 2,00,000 (USD 2,289)

Summary

General-chembakakund Check Dam Cum Bridge-construction Of Check D A M C U M B R I D G E A N D C A N A L A T Chembakakkundu Across Kallorpuzha Near Mathamangalam Anganvady In Noolpuzha Panchayath-general Civil Work 1

Description

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