Municipal Affairs Department Tender

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Municipal Affairs Department - MAD Tender

Works
Road Construction
Eprocure
Opening Date21 Jan 2025
Closing Date15 Feb 2025
Tender AmountINR 11,86,89,394 (USD 13,69,760)

AI Insights

Technical
Financial
Class Of Bidder
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Class A or Class B
Bid Capacity
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The bid capacity required in the given tender to bid is: Average Annual Turn Over of last 3 (Three) years, of intending bidder, should be at least 40% of the estimated value. Formula: Average Annual Turn Over ≥ 0.4 * Estimated Value Where, Average Annual Turn Over = (Total Turn Over of last 3 years) / 3 Estimated Value = Value of the project/tender. Additionally, the bid capacity required in the given tender is 2% of the Estimated Amount put to Tender or Rs 10 Lakh, whichever is lower, as earnest money. The formula for calculating the earnest money is: Earnest Money = 2% of Estimated Amount or Rs 10 Lakh, whichever is lower.
Technical Capacity
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The bidder is required to produce credentials of similar nature of completed work with a minimum value of 40% of the estimated amount put to tender during the last 5 years prior to the date of issue of the tender notice. Alternatively, the bidder can produce credentials of 2 similar nature of completed work, each with a minimum value of 30% of the estimated amount put to tender during the last 5 years. Another option is to produce credentials of one single running work of similar nature, which has been completed to the extent of 80% or more, and the value of which is not less than the desired value at 40% of the estimated amount. Additionally, the Average Annual Turn Over of last 3 years, of intending bidder, should be at least 40% of the estimated value.

Costs

  • EMD

    INR 23,73,788 (USD 27,395)

Summary

Permanent Road Restoration Of Bituminous Road Due To Laying Of Pipes Of Different Dia In Different Places

Description

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Contact

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