Municipal Corporation Of Greater Mumbai Tender

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Municipal Corporation Of Greater Mumbai - MCGM Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date20 May 2025
Closing Date28 May 2025
Tender AmountINR 6,96,59,113 (USD 8,15,182)

AI Insights

Technical
Financial
Class Of Bidder
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The eligible class required by a bidder to participate in the tender is 'Class II' and above for Civil, and 'Class A' and above for Electrical.
Bid Capacity
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The formula for bid capacity is: Assessed Available Bid Capacity = (A* N* 2 - B)
Technical Capacity
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The bidder must have completed works with a value equivalent to 80% of the contract sum for the work executed the last day of the month previous to the one in which bids are invited. The value of completed works is brought to the current costing level by enhancing the actual value of work at a compound rate of 10% per annum. For assessing technical capacity, similar work includes completed or ongoing works in Building Construction or Building Maintenance, such as repairs, retrofitting, upgradation, or structural repairs. The bidder should have achieved an average annual financial turnover equal to 30% of the estimated cost of work in the last three financial years.

Costs

  • EMD

    INR 6,96,600 (USD 8,152)

Description

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Contact

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