Kerala Road Fund Board Tender

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Everything can be found here in your one-stop destination for all types of Kerala tenders online - be it Kerala PWD tenders or an LSGD Kerala tender. Search from across the categories, cities, and authorities while having the option to download tender-related documents. Also, get to know how to register as a bidder and how to bid online for Kerala tenders.

Kerala Road Fund Board - KRFB Tender

Works
Civil And Construction
Bridge Construction
Eprocure
Opening Date28 Feb 2025
Closing Date13 Mar 2025
Tender AmountINR 8,12,85,664 (USD 9,39,983)

AI Insights

Technical
Financial
Bid Capacity
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The Bidder should possess adequate working capital of more than 10% of the probable estimated cost of work for which he is bidding. Additionally, the annual financial turnover and cost of completed works of previous years shall be given a weightage of 5% per year (average annual rate of inflation) to bring them at current price level. Also, the Bidder shall submit certified audited copies of its balance sheet and profit and loss account to demonstrate its annual financial turnover during the last 5 years, ending 31st March of the previous financial year. Furthermore, the Bidder's experience of having successfully completed at least one similar work costing more than 40% of the estimated cost of work put to tender is required. The formulas mentioned are: - 10% of the probable estimated cost of work - 5% per year weightage for annual financial turnover and cost of completed works - 40% of the estimated cost of work for similar work experience.
Technical Capacity
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The bidder is required to have experience of having successfully completed at least one similar work for Government/Semi Government Clients during the last 5 years. The similar nature of works should be of the same nature and type of the work tendered. The bidder should submit a Certificate of experience from the Agreement Authority of the completed similar work, containing details such as Name of work, Agreement number, Estimated cost, Contract Price, date of start and date of completion, and whether the work has been completed satisfactorily. The bidder needs to provide information on their prior work experience, specifically on relevant works completed over the last six years. The experience should be given separately for each partner of the Joint Venture/Consortium. The bidder is required to provide details of their experience, including the company name, contract details, employer name, location, type of contract, name of the engineer responsible for supervision, contract price and date, percentage of participation of the company in the project, and whether the contract was satisfactorily completed, including time provision. The specific details to be filled include: - Employer Name, - Location & Type of Contract - Name of Engineer responsible for Supervision - Contract Price & Date - Percentage of participation of company in project - Value of work completed & Certified - Percentage of partial Completion - Scheduled date of completion The bidder is also required to provide information on all works in progress, including the contract, company, and experience. The value of similar works completed should be more than 40% of the estimated cost of work put to tender. The percentage of participation and amount of own resources, bank credit, and other sources of funding are required, but specific amounts and percentages are not mentioned. The bidder should also provide information on the value of works completed and certified, as well as the percentage of partial completion and the scheduled date of completion.

Costs

  • EMD

    INR 2,00,000 (USD 2,313)

Description

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Contact

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