Municipal Affairs Department Tender

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Municipal Affairs Department - MAD Tender

Services
Eprocure
Opening Date29 Jan 2025
Closing Soon6 Feb 2025
Tender AmountRefer Documents 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid having value and formulas is: - Earnest Money: 2% of the Estimated Amount or Rs 10 Lakh, whichever is lower - Security Deposit: 10% of the value of works executed - Earnest Money already deposited. Additionally, the bid capacity can be calculated using the estimated tender value "E" as follows: 1. 0.4E for a single completed work of similar nature. 2. 0.6E for two completed works of similar nature (each being 0.3E). For an ongoing work, the requirement is less straightforward but implies a need for a significant ongoing project, ideally not less than the estimated tender value "E" and at least 80% complete.
Technical Capacity
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The bidder should have prior work experience of one single running work of similar nature, which has been completed to the extent of 80% or more, with a value not less than the desired value. Alternatively, the bidder can produce credentials of a similar nature of completed work with a minimum value of 40% of the estimated amount put to tender, or two similar works each with a minimum value of 30% of the estimated amount put to tender. The value and percentage of similar works completed are: 40% of the estimated amount, 30% of the estimated amount, and 80% completion of a single running work. Additionally, for running works, a certificate of satisfactory running work is required, stating the value of the work equal to the booked expenditure.

Costs

  • EMD

    INR 5,000 (USD 58)

Summary

Wbmad/ulb/bm/nit-15(e)/2024-25 Sl No 01

Description

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Contact

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