Municipal Corporation Of Greater Mumbai Tender

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Municipal Corporation Of Greater Mumbai - MCGM Tender

Works
Civil And Construction
Civil Works Others
Building Construction
Eprocure
Opening Date18 Jan 2025
Closing Date3 Feb 2025
Tender AmountINR 8,73,64,459 (USD 10,02,695)

AI Insights

Technical
Financial
Class Of Bidder
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Class I(C) and above
Bid Capacity
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The bid capacity required in the given tender involves the submission of bids with specific formulas for price variation adjustments. The formulas provided are: VL = (0.88 R) x 30 x (I - IO) / IO VM = (0.88 R x 70 - C) x (W - WO) / WO Where: VL = Amount of price variation to be reimbursed or claimed as refund on account of general rise or fall of index VM = Amount of price variation to be reimbursed or claimed as refund on account of general rise or fall of wholesale price index R = Total value of the work done during the period under reference I = Consumer Price Index number for working class for Mumbai IO = Consumer price index number for working class for Mumbai prevailing on the day of 28 days prior to the date of submission of the tender W = Average wholesale price index as published by Economic Adviser to Govt. of India WO = Wholesale price index as stated above prevailing on the day of 28 days prior to the date of submission of the tender C = Total value of Controlled materials used for the works Additionally, the Assessed Available Bid Capacity can be calculated using the formula: 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 Project/Works, excluding monsoon period B = Value of existing commitments on the last date of submission of bids However, the values of N and B are not specified in the given information.
Technical Capacity
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The required prior work experience for the bidder includes having satisfactorily executed work of similar nature in the last seven years. The specific requirements are: - Three similar completed works each of value not less than 20% of the estimated cost put to tender, - Two similar completed works each of value not less than 25% of the estimated cost put to tender, - One similar completed work of value equal to or not less than 40% of the estimated cost put to tender. Additionally, for fixing the requirement of Technical Staff, the experience required is as follows: - For a cost of work between 1.5 to 5 Cr, the Principle technical representative should have a minimum experience of 5 years. - For a cost of work between more than 5 upto 10 Cr, the Principle technical representative should have a minimum experience of 5 years. - For a cost of work between more than 10 upto 20 Cr, the Project Manager should have a minimum experience of 10 years. The experience required for other technical staff is also mentioned: - Graduate Engineer: 5 years, 2 years - Diploma Engineer: 5 years, 2 years - Project Engineer/Planning/Billing Engineer: 5 years The value of executed works shall be brought to the current costing level by enhancing the actual value of work at a compound rate of 10% per annum. In case of ongoing works, the bidder must have received payment bills of 80% of the contract sum for the work executed. Similar experience includes work in building construction or building maintenance, such as repairs, retro-fitting, structural repairs, construction or repairs of asphalt/concrete roads, laying sewer lines, or laying/rehabilitating water pipe lines.

Costs

  • EMD

    INR 8,73,650 (USD 10,027)

Summary

Proposed Development Of Sharad Narayan Aachary Udyan Me

Description

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