Military Engineer Services Tender

SS

The bid capacity required in the given tender to bid having value and formulas is related to the Re-imbursement/Refund on Variation in Price, specifically for Cement, Steel, and other materials. For Cement: - Vc = (Kc x Vg) / 100 - EMc = (VMc2 — VMc1) x (C1-Co) / Co - Kc = 10 - Vg = Amount of work done priced at contract rates - Vc = Cost of all cement lying at site for incorporation in the work - C1 = Wholesale Price Index for Cement - Co = Wholesale Price Index for Cement as on the last due date of Bid Submission - VMc2 = Amount of cement up to the last date of the period of reckoning - VMc1 = Amount of cement as on date of immediate preceding period of reckoning For Steel: - VMs = (Ks x Vg) + Vs - EMs = (VMS2 - VMS1) x (S1-So) / So - Ks = 20 - Vg = Amount of work done priced at contract rates - Vs = Cost of all steel lying at site for incorporation in the work - S1 = Wholesale Price Index for Steel - So = Wholesale Price Index for Steel as on the last due date of Bid Submission - VMS2 = Amount of steel up to the last date of the period of reckoning - VMS1 = Amount of steel as on date of immediate preceding period of reckoning For Other materials (except Cement & Steel): - KOM = 30 - VM = (KOM x Vg) + (VOM - VB) - EM = (VM2 - VM1) x (W1-Wo) - Vg = Gross value of work done at contract rates upto the last date of period of reckoning excluding amount payable to the contractor towards items on Star Rate and PC sum. - Vs = Cost of all steel lying at site for incorporation in the work excluding steel issued under Schedule ‘B’ and excluding steel brought and paid or payable to contractor under Prime Cost Sum and/or Star Rate(s). - VOM = Value of all materials (except cement & steel) lying at site for incorporation in the work including materials(except cement & steel) issued under schedule ‘B’ and including materials (except cement & steel) brought and paid or payable to contractor under Prime Cost Sum and/or Star Rate (s). - VB = Value of all materials (out of Vg and VOM) (except cement & steel) issued under schedule ‘B’ plus value of all materials (except cement & steel) brought and paid or payable to contractor under Prime Cost Sum and/or Star Rate (s). - S1 = Wholesale Price Index for Mild Steel (Long Products) published by Economic Advisor to the Government of India as on the date of commencement of the period of reckoning. - So = Wholesale Price Index for Mild Steel (Long Products) as on the last due date of Bid Submission. - W1 = Wholesale Price Index for All Commodities published by Economic Advisor to the Government of India as on the date of commencement of the period of reckoning. - Wo = Wholesale Price Index for All Commodities as on the last due date of Bid Submission. However, specific bid capacity in terms of financial value is not explicitly mentioned.