Municipal Corporation Tender

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Municipal Corporation Tender

Works
Eprocure
Opening Date28 Feb 2025
Closing Date11 Mar 2025
Tender AmountINR 2,98,02,401 (USD 3,44,633)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender is calculated using the formula: (A x N x 2) – B Where: A = Maximum Annual Turnover of last five Years (as per current rate) N = Period of work in year B = Cost of work in hand (during tender period) This formula provides a specific calculation for determining the bid capacity, incorporating the bidder's financial capacity and current workload.
Technical Capacity
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The required prior work experience for the bidder includes having completed similar works with specific cost requirements. The bidder can meet this requirement in one of three ways: 1. Completing three similar works, with each work costing not less than 40% of the Estimated Cost. 2. Completing two similar works, with each work costing not less than 50% of the Estimated Cost. 3. Completing one similar work, with the work costing not less than 80% of the Estimated Cost. Additionally, the bidder should have experience as a prime contractor in tendered work during one of the last 5 years, with a minimum of 3 and maximum 5 main items, and a minimum of 30% of the tendered main work quantity. The main items include street light poles, street light fittings, street light GPRS mini pillars, LT cables, and traffic signal poles.

Costs

  • EMD

    INR 7,46,000 (USD 8,627)

Description

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Contact

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