Municipal Corporation Tender

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Municipal Corporation Tender

Works
Eprocure
Opening Date25 Feb 2025
Closing Date21 Mar 2025
Tender AmountINR 9,32,20,339 (USD 10,77,995)

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is B-1.
Bid Capacity
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To determine the bid capacity required, we need to look for specific financial requirements or formulas that dictate the bidding capacity. The bid capacity is calculated using the formula: (A x N x 2) - B where A = Maximum Annual Turnover during last 5 years (at current rate) N = Number of years prescribed for completion of the project/work B = Value of works in hand (during period of the due work) Tenderer's submission of bid capacity certificate certified by C.A is required. Therefore, the bid capacity required in the given tender to bid having value and formulas is: (A x N x 2) - B.
Technical Capacity
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The bidder should have prior work experience in Government/Semi Government/Organizations/Urban Local Body. The minimum cost of the work of similar nature and value completed by the contractors in the last 5 years should be: - Three similar completed works, with a value not less than 40% of the estimated cost. - Two similar completed works, with a value not less than 50% of the estimated cost. - One similar completed work, with a value not less than 80% of the estimated cost. The specified years for consideration are 2019-20, 2020-21, 2021-22, 2022-23, and 2023-24.

Costs

  • EMD

    INR 4,66,102 (USD 5,390)

Description

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Contact

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