Municipal Corporation Tender
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Municipal Corporation Tender
Works
Civil And Construction
Drainage Work
Opening Date16 Feb 2025
Closing Date27 Feb 2025
Tender AmountINR 3,00,00,000 (USD 3,45,708)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
Bid Capacity = (A x N x 2.0 - B)
Where:
A = Max. value of annual turnover of Civil engineering works executed in any one year during the last three years (updated 2024-25 price level)
N = No. of years (i.e. 1.0 year) prescribed for completion of the works for which bids are invited
B = Value of 2024-25 price level of existing commitments and ongoing works to be completed during the next one year (Period of completion of works bids are invited)
The formula to calculate A is given as:
A = Max. value of annual turnover of Civil engineering works executed in any one year during the last three years (updated 2024-25 price level)
And the multiplying factors for the last three years are:
2023-24: x 1.10
2022-23: x 1.21
2021-22: x 1.33
The value of N is given as 1.0 year.
However, the exact values of A and B are not provided.
So, the bid capacity required in the given tender is:
Bid Capacity = (A x 1.0 x 2.0 - B)
But the exact value of Bid Capacity cannot be calculated without knowing the values of A and B.
Technical Capacity
The required prior work experience for the bidder includes completing works of a similar type and nature over the last five years, with details such as work order amount, date of work order, date of completion, percentage of work completed, and reasons for delay. The bidder should have completed works with a specified value and percentage of work completed, but the exact percentage is not explicitly mentioned.
The bidder needs to provide information on the value and percentage of similar works completed, including a list of ongoing works with details such as the name of the work, work order amount, date of work order, date of completion, percentage of work completed, and reason for delay. The value of similar works completed is mentioned in terms of the contract value, which is in Rs. Crore.
The bidder should have completed at least some percentage of similar works, and the value of similar works completed should be at least some amount. However, the exact percentage and amount are not specified. The bidder's experience as a prime contractor or sub-contractor, and the number of years they have been in the business of similar work under their present name, are also considered.
The assessed available bid capacity will be calculated based on the maximum value of work executed in any one year during the last five years, 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. The bidder's bid capacity will be more applicable for works costing more than 1 crore.
The bidder should have availability of personnel with adequate experience as required, and their financial position will be evaluated based on their access to liquid assets, which should be up to 25 percent of the value of the contract. The bidder is also required to submit audited balance sheets for the last five years, demonstrating their long-term profitability.
In terms of specific values and percentages, the bidder should have a cumulative annual turnover for the last three years, with the average annual financial turnover calculated based on this. The values for the cumulative annual turnover are not specified, but the formula for calculating the average annual financial turnover is provided. The bidder should also provide information on their equipment capabilities and personnel capabilities.
The bidder's qualification will be based on meeting minimum pass/fail criteria regarding their general and particular experience, and they should be registered in VMC and required class for State and Central Government, semi-government, and other Corporations/Boards or such other institutions. The bidder should not have abandoned any work of the Government of Gujarat/Government of India/any Board or Corporation under the Government of Gujarat/Government of India, nor should any contract awarded to them have been rescinded during the last five years prior to the date of the bid.
The bidder is required to undertake that they would invest a minimum cash up to 25% of the value of the work during the implementation of the contract. The bidder should submit a list of their ongoing works, which includes the percentage of work completed and the value of works remaining to be completed. The bidder should have completed works with a value of at least some amount, and the percentage of similar works completed should be at least some percentage. However, the exact amount and percentage are not specified.
Costs
EMD
INR 6,00,000 (USD 6,914)
Description
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Contact
Tender Id
156868Tender No
1155/2024-25Tender Authority
Municipal Corporation ViewPurchaser Address
-Website
https://vmc.gov.in/
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Documents
2.0 General Specifications North Zone ARC.pdf
3.0 Price Bid North Zone.pdf
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