Municipal Corporation Tender
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AI Insights
Technical
Technical
Financial
Class Of Bidder
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Registration in 100 Lacs & above class for electrical category.
Bid Capacity
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The bid capacity required in the given tender to bid can be calculated using the formula: Assessed Available Bid Capacity = (A*N*2-B) Where:
A = Maximum value of work executed in any one year during the last five years (updated to the price level of the year indicated in appendix) taking into account the completed as well as works in Progress.
B = Value at current price level of the existing commitments and ongoing works to be completed during the next (period of completion of work for which bids are invited).
N = Number of years prescribed for completion of the works for which the bids are invited. This formula is used to determine the available bid capacity of the bidder, which must be more than the total estimated cost of the works to qualify for bidding.
Technical Capacity
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The bidder's prior work experience is considered based on the quantities of work executed as a prime contractor or as a nominated sub-contractor in the last five years, including the current year. The work experience should be in similar works, and the sub-contract should have involved the execution of all main items of work described in the bid document. The bidder should provide information on the value of similar works completed, including the amount and percentage of work performed. The bidder should list the year, name of the work, name of the employer, quantity of work performed, and remarks. The bidder should have completed at least one similar work costing not less than 80% of the estimated cost, which is Rs. 160 Lakh. The similar work refers to "New/Maintenance works of outdoor/street lighting works" in Municipal Corporation, Central/State/PWD/M.E.S./Semi Govt. and Big reputed PVT organizations. The bidder's average annual financial turnover during the last 3 years should be at least 30% of the estimated cost. The bidder should invest a minimum cash up to 25% of the value of the work during implementation of the contract. No specific percentage of similar works completed is mentioned, except that the bidder should have completed at least one similar work costing not less than 80% of the estimated cost. The bidder should provide information on the value of contracts completed, including the amount in Rs. Crore.
Costs
EMD
INR 4,00,000 (USD 4,626)
Description
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Contact
Tender Id
158525Tender No
VMC/SLP/ARCQFM/SZ/2024-25Tender Authority
Municipal Corporation ViewPurchaser Address
-Website
http://https://vmc.gov.in/
Documents
ARC Quota Fodwari South Zone 2024-25 .pdf