Municipal Corporation Tender
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Municipal Corporation - MMC Tender
Works
Eprocure
Opening Date27 Feb 2025
Closing Date15 Mar 2025
Tender AmountINR 2,68,09,353 (USD 3,10,022)
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AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender to bid is calculated using the formula:
Assessed Available Bid capacity = (A*N*M - B)
Where
A = Maximum value of civil Engineering works executed in any one year during the last five years (updated to the price level of the last year at the rate of 8 per cent a year) taking into account the completed as well as works in progress.
N = Number of years prescribed for completion of the works for which bids are invited (period up to 6 months to be taken as half-year and more than 6 months as one year).
M = 2.5
B = Value, at the current price level, of existing commitments and on-going works to be completed during the period of completion of the works for which bids are invited.
Additionally, the minimum amount of liquid assets and/or credit facilities net of other contractual commitments of the successful Bidder shall be 10% of the contract value, which can be calculated using the formula: 10% of contract value.
Technical Capacity
The bidder is required to have experience in construction works of a similar nature and volume over the last five years. They need to attach a certificate from the Engineer-in-charge for the value of work completed and list the past work in a specific format.
To qualify for the award of the Contract, each Bidder should have in the last five years:
a) Achieved in any one year a minimum financial turnover volume of construction work of at least the amount equal to the estimated cost of works for which the bid has been invited. The turnover will be indexed at the rate of 8 percent per year.
b) Satisfactorily completed, as a prime Contractor, at least one similar work equal in value to one-third of the estimated cost of work for which the bid is invited.
The bidder needs to provide information on their total annual volume of civil engineering construction work executed and payments received in the last five years. They are also required to attach a certificate from a Chartered Accountant and provide a qualifying certificate from the Executive Engineer.
However, the specific values and percentages of similar works completed are not mentioned, except that the bidder should have satisfactorily completed at least one similar work equal in value to one-third of the estimated cost of work for which the bid is invited. The turnover will be indexed at the rate of 8 percent per year.
Costs
EMD
INR 15,40,468 (USD 17,814)
Summary
Ward 6 Vedvyaspuri Road Divider From Raf Center To Power House, Repair Of Road Divider On Side Track, Road Improvement Work By Interlocking Tiles And Hotmix Plant.
Description
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Contact
Tender Id
2025_NNMEE_1011343_1Tender No
6615/SNV-12TENDER-EPC/2025Tender Authority
Municipal Corporation ViewPurchaser Address
-Website
http://meerutnagarnigam.com/
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