Municipal Corporation Tender

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Municipal Corporation Tender

Works
Transportation and Logistics
Machinery and Tools
Eprocure
Opening Date25 Feb 2025
Closing Date11 Mar 2025
Tender AmountINR 7,66,06,913 (USD 8,85,878)

AI Insights

Technical
Financial
Bid Capacity
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To extract the bid capacity required in the given tender, we need to identify specific financial requirements or formulas that indicate the minimum financial capability or net worth a bidder must have to participate. From the information provided, the bid capacity in terms of financial health and stability includes: - Minimum Average Annual Turnover: 50% of the tender amount, which is calculated based on the tender value of Rs. 7,74,27,946/-, resulting in a minimum average annual turnover of Rs. 3,87,13,973/-. - No Loss in More Than Two Years: The bidder should not have incurred any loss in more than two years during the available last five consecutive balance sheets. - Minimum Net Worth: The bidder should submit a net worth certificate of minimum 10% of the estimated cost put to tender, which is Rs. 77,42,795/-. - EMD (Earnest Money Deposit): Rs. 15,48,559/-. Additionally, for fulfilling the experience criteria, the bidder needs to provide proof of executing similar works with specific cost values: - Three similar works, each costing not less than Rs. 2,29,75,302/- for supply of CEV and Rs. 79,95,875/- for COMC/O&M/AMC. - Two similar works, each costing not less than Rs. 3,44,62,954/- for supply of CEV and Rs. 1,19,93,812/- for COMC/O&M/AMC. - One similar work, each costing not less than Rs. 4,59,50,605/- for supply of CEV and Rs. 1,59,91,750/- for COMC/O&M/AMC. The value of executed works is adjusted to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum, calculated from the date of completion to the last date of receipt of applications for tenders. Therefore, the bid capacity required in the given tender includes specific financial and experience criteria with associated values and formulas.
Technical Capacity
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The required prior work experience for the bidder includes: - Three similar works, each costing not less than Rs. 2,29,75,302/- for supply of CEV and Rs. 79,95,875/- for COMC/O&M/AMC. - Two similar works, each costing not less than Rs. 3,44,62,954/- for supply of CEV and Rs. 1,19,93,812/- for COMC/O&M/AMC. - One similar work, each costing not less than Rs. 4,59,50,605/- for supply of CEV and Rs. 1,59,91,750/- for COMC/O&M/AMC. No specific percentage of similar works completed is mentioned. However, the bidder should provide details of similar works completed, including the name of work/project, location, owner/sponsoring organization, cost of work, date of commencement, stipulated date of completion, actual date of completion, and other relevant details. The value of executed works shall be brought to current costing level by enhancing the actual value of work at a simple rate of 7% per annum. Additionally, the bidder's average annual financial turnover should be at least 50% of the tender amount, i.e., Rs. 3,87,13,973/-, during the immediate last 3 consecutive financial years. The bidder should also submit a net worth certificate of minimum 10% of the estimated cost put to tender, i.e., Rs. 77,42,795/-. The bidder should not have incurred any loss in more than two years during the available last five consecutive balance sheets, and the net worth of the company should not have eroded more than 30% in the last three years.

Costs

  • EMD

    INR 15,48,559 (USD 17,907)

Summary

Procurement Of 17 Nos. Backhoe Loaders Along With Comprehensive Operation And Maintenance Of One Year For Dems Department In 4 Zones (i.e. Wz,sz,ngz And Cnz).

Description

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