Jammu Smart City Tender
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Jammu Smart City Tender
Services
Other Consultancy Services
Consultancy Services
Eprocure
Opening Date30 Jan 2025
Closing Date13 Feb 2025
Tender AmountINR 5,13,96,562 (USD 5,94,583)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender includes technical and financial capacity.
Technical capacity requires experience in outdoor advertisement, but no specific value or formula is provided for this.
Financial capacity has two main components:
1. Average Annualized Turnover: The bidder should have an average annualized turnover of at least ₹350.00 Lakhs in any three years out of the last five financial years. The formula for calculation is: Average Annualized Turnover = (Total Turnover for 3 years) / 3.
2. Positive Net Worth: The bidder should have a positive net worth in the last three financial years, but no specific formula is provided for this calculation.
Additionally, the Earnest Money Deposit (EMD) is 2% of the Minimum Reserved License Fee (MRLF), but the exact value of MRLF is provided as ₹5,13,96,562/-. The EMD can be calculated using the formula: EMD = 2% of MRLF.
Using the given MRLF value, the EMD can be calculated as: EMD = 2% of ₹5,13,96,562/- = ₹10,27,932.24.
The Tender Fee is ₹5,000/-, but this is not directly related to the bid capacity calculation.
Therefore, the bid capacity required in the given tender can be summarized as:
- Average Annualized Turnover: At least ₹350.00 Lakhs, calculated as (Total Turnover for 3 years) / 3.
- Positive Net Worth: Required for the last three financial years, but no specific formula is provided.
- Earnest Money Deposit (EMD): 2% of ₹5,13,96,562/-, which equals ₹10,27,932.24.
Technical Capacity
The required prior work experience for the bidder is experience in outdoor advertisement such as Unipoles/ Gantry/ Billboards/static ad-panel for any public/ private agency preceding to the e-Bid Due Date. The bidder should have operational experience of at least five years as on the date of issue of the Notice Inviting Tender.
Regarding the value and percentage of similar works completed, the bidder should have paid liquidated damages of not more than 5% of the contract value in a contract due to delay or has been penalized due to any other reason in relation to execution of a contract, in the last three years.
Additionally, the bidder should provide information on previous similar projects, including the type of project, client/employer, location of the project, date of commencement, date of completion, and other details of the project.
The bidder should also have an average annual financial turnover of at least ₹350.00 Lacs (Indian ₹ Three Hundred Fifty lacs) in any three years out of the last 05 (five) financial years (2019-20 to 2023-24), and a positive net worth in the previous three financial years (2021-22, 2022-23, and 2023-24).
Costs
EMD
INR 10,27,931 (USD 11,892)
Description
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Contact
Tender Id
2025_SPV_271370_2Tender No
JSCL 171/01 of 2024-25 (3rd Call)Tender Authority
Jammu Smart City ViewPurchaser Address
-Website
https://jammusmartcity.org/
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