Municipal Corporation Tender
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Municipal Corporation Tender
Works
Civil And Construction
Excavation
Opening Date7 Feb 2025
Closing Date19 Feb 2025
Tender AmountINR 2,33,76,038 (USD 2,69,776)
AI Insights
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Technical
Financial
Bid Capacity
The bid capacity required in the given tender to bid can be calculated using the following formulas and values:
1. Assessed Available Bid Capacity = (A x N x 2.0 – B)
- A = Maximum value of annual turnover of Civil engineering works executed in any one year during the last five years
- N = Number of years prescribed for completion of the works for which bids are invited
- B = Value of existing commitments and ongoing works to be completed during the next one year
2. Net Amount = Estimated Amount + (Estimated Amount * (% Above/Below))
- % Above/Below is the percentage above or below the estimated rate that the bidder is willing to carry out the work
3. Bid Security (EMD) = 2% of Estimated Amount put to bid / tender
- Bid Security (EMD) = (2/100) x Estimated Amount
- Bid Security (EMD) = 0.02 x Estimated Amount
The bid capacity required also includes technical experience and financial turnover, with specific criteria:
- Technical experience:
- Three similar completed works costing not less than 40% of the estimated cost
- Two similar completed works costing not less than 50% of the estimated cost
- One similar completed work costing not less than 80% of the estimated cost
- Financial turnover:
- A minimum annual financial turnover of Rs 8.50 Crore in any one year over the last five years
- Rs 8.50 Crore = (2.33/100 Days x 365 Days)
Technical Capacity
The required prior work experience for the bidder includes having successfully completed similar works during the last 5 years. The experience criteria are as follows:
- Three similar completed works costing not less than 40% of the estimated cost.
- Two similar completed works costing not less than 50% of the estimated cost.
- One similar completed work costing not less than 80% of the estimated cost.
The similar works mean any completed works of Civil works for any city in India, in government/semi-government departments, with specific requirements such as excavation of 21700 cum of earthwork, RCC Work of 81 Cum, and Sludge removal in drain/SWD with 4633 Cum.
Additionally, the bidder should have a cumulative annual turnover for the last five years, with details of major contracts executed during these years. The bidder's bidding capacity is calculated based on their annual turnover of civil engineering works executed in any one year during the last five years.
The bidder is also required to submit details of works of similar type and magnitude carried out by them, including the cost in Rs. for three, two, and one similar works. The bidder needs to provide details of ongoing works, including the name of the work, work order amount, date of work order, date of completion, percentage of work completed, and reasons for delay.
The specific values and percentages mentioned are:
- 15% of the estimated cost for the solvency certificate
- 40%, 50%, and 80% of the estimated cost for similar completed works
- 25 percent of the value of the contract, which the applicant should have access to, or have available, in terms of liquid assets or credit facilities, with the value of the contract mentioned as Rs. 5844009/-.
- 10% of the initial contract price, rounded off to the nearest thousand, as the maximum limit of liquidated damages for delay in completion of work.
Costs
EMD
INR 4,67,521 (USD 5,396)
Description
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Contact
Tender Id
154628Tender No
1124/2024-25Tender Authority
Municipal Corporation ViewPurchaser Address
-Website
https://vmc.gov.in/
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Documents
SBD Technical Bid_North zone.pdf
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