Municipal Corporation Tender

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Municipal Corporation Tender

Works
Opening Date27 Feb 2025
Closing Date10 Mar 2025
Tender AmountINR 3,50,00,000 (USD 4,04,738)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender is 3,50,00,000/- (Three Crore Fifty Lakh Rupees). However, a formula is also mentioned as Bid Capacity = 15% of Total Tender Value, but the total tender value is not explicitly mentioned. Another value of 52,50,000 is mentioned but seems to be related to the bank solvency certificate, not the bid capacity. Another mention of bid capacity is also 3,50,00,000/- (Rs. 3.5 Crores) with a mention of a percentage value of 1% which might be related to the earnest money deposit or the bid security, but the exact formula is not provided.
Technical Capacity
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The bidder should have completed similar works of at least 7,00,000/-, which is 20% of the estimated contract value of 35,00,00,000/-.

Costs

  • EMD

    INR 7,00,000 (USD 8,095)

Description

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