Municipal Corporation Tender
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Municipal Corporation Tender
Works
Eprocure
Opening Date12 Mar 2025
Closing Date24 Mar 2025
Tender AmountINR 3,95,00,000 (USD 4,53,347)
AI Insights
AI Insights
Technical
Financial
Class Of Bidder
Class I
Bid Capacity
To determine the bid capacity required, specific requirements or formulas that dictate the bidder's capacity to undertake the project must be identified.
The bid capacity required includes:
1. An annual minimum financial turnover of Rs 3.95 Crores.
2. Working capital of Rs 59.25 Lakhs.
3. Completion of a similar work worth at least Rs 1.975 Crores in one of the preceding three years.
Formulas based on the given information are:
- Annual Minimum Financial Turnover = 100% of the Tender Value
- Working Capital = 15% of the Tender Value
- Similar Work Completion = 50% of the Tender Value
Given the Tender Value is Rs 3.95 Crores, calculations are:
- Annual Minimum Financial Turnover = 100% * Rs 3.95 Crores = Rs 3.95 Crores
- Working Capital = 15% * Rs 3.95 Crores = Rs 59.25 Lakhs
- Similar Work Completion = 50% * Rs 3.95 Crores = Rs 1.975 Crores
Therefore, the bid capacity required includes financial and technical capabilities as outlined above.
Technical Capacity
The required prior work experience for the bidder includes having prior work experience of not less than 50% of the value put to tender under a single agreement in any one of the preceding three years for a government department/board/government undertaking. The bidder should have completed at least 50% of similar works, such as Storm Water Drains/Civil Works, in the first month and the balance 50% in the second month. The value of prior work experience should be at least 50% of the value put to tender. Additionally, the bidder should have been in the Civil Engineering Construction field for at least the past five years and have satisfactorily completed works for a State/Central Government Department/Board/Government Undertaking. The exact amount of the value is not specified, but it should be at least 50% of the value put to tender.
Costs
EMD
INR 3,95,000 (USD 4,533)
Summary
Construction Of Storm Water Drain At New Corporation Office Building Outside Compound Wall
Description
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Contact
Tender Id
2025_DMA_531853_1Tender No
264/2025/E1/wsTender Authority
Municipal Corporation ViewPurchaser Address
-Website
tntenders.gov.in
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Documents
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