Municipal Corporation Tender

... More
Search for the latest Gujarat tenders online related to civil works, road & transport, pipelines and more easily here on BidAssist. Here you can get any and every tender that is posted on the eProcurement Gujarat website, minus the clutter. No need for a tender ID, as on BidAssist, you can view any Gujarat tender by merely typing Gujarat in the search box.

Municipal Corporation Tender

Works
Opening Date25 Feb 2025
Closing Date17 Mar 2025
Tender AmountINR 3,00,00,000 (USD 3,46,918)

AI Insights

Technical
Financial
Class Of Bidder
... View More
The class eligibility requirement to bid or participate in this tender is "A" class. Bidders must have at least an "A" class contractor registration to be eligible.
Bid Capacity
... View More
The bid capacity required can be calculated using the formula: Minimum Bid capacity = 2AN - B. Here, A = 30% of the final estimated amount, N = Completion period (in months) / 12, and B = 0. Given N is 1, the formula simplifies to: Minimum Bid capacity = 2 * (30% of final estimated amount) * 1 - 0. The final estimated amount can be determined as Rs. 3 Cr, given that 20% of it is Rs. 0.60 Cr. Thus, A = 30% of Rs. 3 Cr = Rs. 0.90 Cr. Using this, the Minimum Bid capacity = 2 * Rs. 0.90 Cr * 1 - 0 = Rs. 1.80 Cr. Alternatively, the bid capacity can also be expressed as: Bid capacity = 2AN - B, where A = Maximum turnover annually during last 3 years, N = 1 (for a 12-month completion period), and B = Value of work of existing commitments and on-going works to be completed during the next one year. However, the specific value for A and B are not provided, making it impossible to calculate the bid capacity using this formula. The explicitly calculated bid capacity required is Rs. 1.80 Cr.
Technical Capacity
... View More
The required prior work experience for the bidder includes experience of SITC Work of Street light poles of G.I./ FRP/ GRP/ M.S. / SITC of Highmast system done within the time limit of the Work order given and work completed during the last seven years. The bidder should have completed at least one of the following: - One Similar work order completed having costing not less than the amount equal to Rs.2.4 Cr. (i.e., 80% of tender value) - Two Similar work orders completed having costing not less than the amount equal to Rs. 1.5 Cr. (i.e., 50% of tender value) - Three Similar work orders completed having costing not less than the amount equal to Rs. 1.2 Cr. (i.e., 40% of tender value) The bidder should have received the work order and completed the works during the last seven years, with a work order and Form 3(A) / work completion certificate / work performance certificate issued from a competent authority. Additionally, the bidder should have completed works of at least 30% of the tender amount, with an average annual turnover of at least Rs.0.9 Crores during the last three years. The amount of similar works completed is required to be at least 20% of the estimated cost of the tender, which is Rs. 0.60 Cr. The bidder should also provide details of works in hand and works tendered for as on the date of submission of the tender, including the name of work, place and country, tendered cost, cost of work remaining to be executed, anticipated date of completion, and stipulated date and period of completion. The bidder should have experience of similar works of equal or required magnitude, with a work order received and completed satisfactorily in their firm/agency name only. The experience should be from any Municipal Corporation, ULB, State/Central Government, GWSSB, GWRTC, Irrigation, or Railways. The Bid capacity will be evaluated as: Bid capacity = 2AN – B, where A = Maximum turnover annually during last 3 years, N = Completion period (in month)/12 = 12/12 = 1, and B = Value of work of the existing commitments and on-going works to be completed during the next one year. The Minimum Bid capacity is (2AN-B), where A = 30% of the final estimated amount.

Costs

  • EMD

    INR 3,00,000 (USD 3,469)

Description

Unlock the Tender details for free
Scription for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user

Contact

Unlock the Tender details for free
Disclaimer: BidAssist has made every reasonable effort to ensure that the information is accurate and authentic however it cannot be held liable for any third-party claims or losses of any damages. BidAssist makes no warranty, expressed or implied, as to the results obtained from the use of the information. If you think you may have noticed any error or omission, please let us know by contacting contact@bidassist.com.