Municipal Corporation Tender

A class in PWD in Govt. R&B/CPWD/AMC or equivalent registration with any other state Govt. or institutions in India, which is "A" class.

The bid capacity required in the given tender to bid having value and formulas can be extracted from the provided conditions. 1. Average annual financial turnover of the bidding firm shall be at least 30% of the estimated project cost in the last five years. Formula: Average Annual Turnover ≥ 0.3 * Estimated Project Cost 2. Tenderer to submit the solvency certificate for an amount equal to 20% of the estimated cost of works. Formula: Solvency Certificate ≥ 0.2 * Estimated Cost of Works 3. For Electrical, ELV & HVAC Work, the contractor must have completed specific amounts of work in the last seven years. Options: - Single Large job of amounting Rs. 51.44 Lacs - Two Jobs of amounting Rs. 32.15 Lacs - Three job of amounting Rs. 25.72 Lacs 4. The bidder should have experience of having successfully completed either of the following similar works during last seven years: - One completed similar kind of work costing not less than the amount equal to 80% of the estimated Tender amount. - Two completed similar kind of works costing not less than the amount equal to 50% of the estimated Tender amount. - Three completed similar kind of works costing not less than the amount equal to 40% of the estimated Tender amount. Formulas: - 80% of estimated Tender amount (for one work) - 50% of estimated Tender amount (for two works) - 40% of estimated Tender amount (for three works) Available bid capacity can be calculated using the formula: Available bid capacity = (A x N x 2) – B, where A = Maximum of updated total amount of works executed in any one year of the last five financial years B = The amount of the existing commitments and ongoing works and LOI issued to be completed during the period of completion of work for which bids have been invited. N = Number of years prescribed for completion of the works for which the bids have been invited. However, specific details to calculate available bid capacity are not provided.