Municipal Corporation Tender

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Municipal Corporation Tender

Services
Civil And Construction
Excavation
Eprocure
Opening Date14 Feb 2025
Closing Date3 Mar 2025
Tender AmountINR 3,30,52,699 (USD 3,77,436)
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AI Insights

Bid Capacity
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To determine the bid capacity required, we look at specific financial and technical requirements. 1. Average Annual Turnover: This is calculated as 75% of the estimated tender value, which is 0.75 * 3,30,52,699. 2. Experience: The requirements are: - A single work of 80% of the tender price, calculated as 0.8 * 3,30,52,699. - Two works of 50% of the tender price, calculated as 0.5 * 3,30,52,699. - Three works of 40% of the tender price, calculated as 0.4 * 3,30,52,699. Given these formulas and the estimated tender value of Rs. 3,30,52,699, the bid capacity required can be calculated directly using these percentages of the tender value. Thus, the bid capacity required includes: - Average Annual Turnover: 0.75 * 3,30,52,699 - Experience: - Single work: 0.8 * 3,30,52,699 - Two works: 0.5 * 3,30,52,699 - Three works: 0.4 * 3,30,52,699 These calculations provide the necessary bid capacity required in terms of value and formulas for the given tender.
Technical Capacity
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The bidder is required to have prior work experience in Government, Semi-Government, or Local Self-Government equivalent work, with specific requirements as follows: - A single work of 80% of the tender price, - Two works of 50% of the tender price, or - Three works of 40% of the tender price. The tenderer must provide an experience certificate of actual work done. The estimated tender amount is Rs. 3,30,52,699.

Costs

  • EMD

    INR 3,30,000 (USD 3,768)

Description

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