Munitions India Limited Tender

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Munitions India Limited Tender

Works
Eprocure
Opening Date1 Feb 2025
Closing Date22 Feb 2025
Tender AmountINR 5,45,32,910 (USD 6,30,866)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required to bid can be summarized as follows: - Experience: - 3 similar works ≥ 40% of estimated cost - 2 similar works ≥ 50% of estimated cost - 1 similar work ≥ 80% of estimated cost - Cost adjustment: Actual cost * (1 + 0.07 * years since completion) - Financial Capability: Average Annual Turnover ≥ 30% of estimated cost over the last 3 years. For the given estimated cost of Rs 05,45,32,910, the required average annual turnover is ≥ 0.3 * 05,45,32,910 = ≥ 1,63,59,973. Additionally, for experience, the costs of similar works can be calculated as: - 3 similar works ≥ 0.4 * 05,45,32,910 - 2 similar works ≥ 0.5 * 05,45,32,910 - 1 similar work ≥ 0.8 * 05,45,32,910 These values are: - 3 similar works ≥ 2,18,13,164 - 2 similar works ≥ 2,72,66,455 - 1 similar work ≥ 4,36,26,728 These are the bid capacity requirements in terms of value and formulas.
Technical Capacity
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The bidder should have prior work experience of similar civil engineering works, specifically building works, within India during the last 7 years. The experience requirements are as follows: - The bidder should have completed at least 3 similar nature works, but specific amounts or percentages for these three works are not mentioned. - Alternatively, the bidder can have: (i) 03 similar nature works costing not less than 40% of the estimated cost of Rs 05,45,32,910/-, (ii) 02 similar nature works costing not less than 50% of the estimated cost, or (iii) 01 similar nature work costing not less than 80% of the estimated cost. The cost of similar work is calculated by enhancing the actual value of work at a simple rate of 7% per annum from the date of completion to the date of bid opening. Additionally, the average annual turnover during the last 3 years should be at least 30% of the estimated cost, which is Rs 1,63,59,873/-.

Costs

  • EMD

    INR 5,97,700 (USD 6,915)

Summary

Repair, Replacement To Existing Damaged Asbestos Cement Sheet Roof And Valley Gutter To Arrest Leakages By Replacing With Galvalume Sheet In Danger Area And Non Danger Area At Hef.

Description

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