Jharkhand Industrial Area Development Authority Tender
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Jharkhand Industrial Area Development Authority Tender
Works
Eprocure
Opening Date20 May 2025
Closing Date9 Jun 2025
Tender AmountINR 4,95,90,719 (USD 5,80,333)
AI Insights
AI Insights
Technical
Financial
Additional Eligibility
Bid Capacity
The formula for bid capacity is: Assessed Available Bid capacity = (A*N*2-B)
where
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 bids are invited.
B = Value of existing commitments and on-going works to be completed during the next 09 Months.
Technical Capacity
The required prior work experience for the bidder includes experience in works of a similar nature and size for each of the last five years, with a total monetary value of construction work performed for each of the last five years. The bidder should have completed works with details such as quantities of work executed, including Cement Concrete, Masonry, Earth Work, WBM, WMM, and Bituminous work.
The bidder should also provide information on the value of similar works completed, with details such as contract value, stipulated period of completion, and actual date of completion. For example, the bidder should provide proposals for sub-contracting components of the works amounting to more than 10 percent of the Bid Price.
Specifically, the bidder should have experience in civil engineering works, including annual turnover, particular construction experience, personal capabilities, and equipment capabilities. The bidder must have prior work experience, with specific requirements for different positions, including Project Manager, Site Engineer, Plant Engineer, Quantity Surveyor, Soil & Material Engineer, and Survey Engineer.
The value and percentage of similar works completed are mentioned in some cases, such as:
- The bidder should have completed a project of at least 50 percent of the contract value within the last five years.
- 50% Of Value of work is Rs 2,47,95,400.00.
- Availability of credit facilities is Rs. 49,59,100.00, which is 10% of the contract value.
- The bidder should undertake to invest a minimum cash amount of up to 25% of the contract value during the implementation of the work.
- The bidder's available bid capacity is calculated based on the maximum value of civil engineering works executed in any one year during the last five years, updated to the current price level.
The bidder's bid capacity is calculated using the formula: 2 x A x N - B, where A is the maximum value of civil engineering works executed in any one year during the last 5 years, N is the completion time in years, and B is the value of existing commitments.
Costs
EMD
INR 4,96,000 (USD 5,804)
Description
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Contact
Tender Id
2025_JIADA_101199_1Tender No
JIADA/04/Phase4-3/2025-26Tender Authority
Jharkhand Industrial Area Development Authority ViewPurchaser Address
-Website
jharkhandtenders.gov.in
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