Municipal Corporation Tender

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Municipal Corporation Tender

Works
Civil And Construction
Water Storage And Supply
Opening Date10 Feb 2025
Closing Date19 Feb 2025
Tender AmountINR 4,18,96,932 (USD 4,78,430)

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is 'A' class.
Technical Capacity
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The required prior work experience for the bidder is that they should have experience in works of similar type and magnitude. The bidder is expected to have successfully completed similar works in the last 7 years. The similar works completed should meet one of the following criteria: - Three similar completed works each costing not less than 40% of the estimated cost. - Two similar completed works each costing not less than 50% of the estimated cost. - One similar completed work costing not less than 80% of the estimated cost. Additionally, the bidder should have a financial capability with an annual average turnover for the last 3 years of at least 30% of the estimated cost. The bidder must also have suitably qualified personnel with prior work experience, including: - Construction Manager (Pipeline Works): 5 years of total experience, 2 years of experience in similar works, and 1 year of experience as a Construction Manager of similar works. - Project Engineer (Civil): 3 years of total experience, 2 years of experience in similar works. - Supervisor: 5 years of total experience, 2 years of experience in similar works. The bidder's available bid capacity should be greater than the cost put to tender, calculated as (2AN - B), where A is the maximum value of sum of all contracts executed in any one year during the last three years, B is the value of existing commitments and ongoing works, and N is the number of years prescribed for completion of the works. The bidder should also have a solvency certificate of an amount up to 20% of the tendered estimated cost.

Costs

  • EMD

    INR 4,18,970 (USD 4,784)

Description

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