National Highways Authority Of India Tender

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National Highways Authority Of India - NHAI Tender

Works
Civil And Construction
Consultancy Services
Civil And Architectural Services
Eprocure
Opening Date12 Feb 2025
Closing Date26 Feb 2025
Tender AmountINR 3,99,55,086 (USD 4,56,255)

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is 'Class - I Local supplier' or 'Class - II Local supplier'.
Bid Capacity
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The Bid capacity required in the given tender to bid can be calculated using the formula: Assessed Available BID capacity = (A*N*2.5 – B + C) Where: A = Maximum value of civil engineering works excluding the amount of bonus received, if any, in respect of EPC Projects executed in any one year during the last five years (updated to the price level of the year) B = Value (updated to the price level of the year) of existing commitments, works for which the bidder has emerged as the winner of the bids or on-going works to be completed during the period of completion of the works for which BID is invited C = The amount of bonus received, if any, in EPC Projects during the last 5 years (updated to the price level of the year) N = Number of years prescribed for completion of work for which Bid is invited The available BID capacity should be more than the total BID value for the bidder to be qualified. Additionally, the Technical Capacity and Financial Capacity requirements are specified as: - Technical Capacity: The Bidder shall have received payments for construction of Eligible Project(s) or has undertaken construction works by itself in a PPP project, such that the sum total thereof is more than Rs. 3.00 crore. - Financial Capacity: The Bidder shall have a minimum Net Worth of Rs. 19.98 Lakh and a minimum Average Annual Turnover of Rs.59.93 Lakh for the last 5 financial years. However, the specific Bid capacity required in terms of a formula is not explicitly mentioned for B. But the value for the Threshold Technical Capacity is given as Rs. 3.00 crore. The value for the minimum Net Worth is Rs. 19.98 Lakh and the minimum Average Annual Turnover is Rs.59.93 Lakh. To calculate the value of "B", a table is provided containing the value of all existing commitments and ongoing works to be completed during the next 01 year. The formula to calculate the balance value of work at the 2022-23/2022 price level is: Balance value of work at 2022-23/2022 price level = Balance value of work to be completed * Updation Factor The Updation Factor is given as: - For Year 2023-24/2023: 1.00 - For Year 2022-23/2022: 1.05 - For Year 2021-22/2021: 1.10 - For Year 2020-21/2020: 1.15 - For Year 2019-20/2019: 1.20 The formula for updating the price level is given as: Year | Up-dation factor -----|----- Year-1 | 1.00 Year-2 | 1.05 Year-3 | 1.10 Year-4 | 1.15 Year-5 | 1.20 Assessed Available BID capacity = (A*N*2.5 – B + C)
Technical Capacity
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The required prior work experience for the bidder includes construction works, specifically in projects similar to the one being bid on, which involves the construction of a service road, bus shelters, and other related works on a highway project. The bidder should have completed similar works in the highways sector or core sector. For requirement of 2.2.2.2 (ii) & (iii), one similar work of 20% of Estimated Project Cost should have been completed from the Eligible Projects in Category 1 and / or Category 3 individually by any of the JV members as a single work. The bidder should have received payments exceeding Rs. 4.00 Lakh for the construction works executed. The experience score for an eligible project is calculated based on the value of the project. The bidder should have a minimum Average Annual Turnover of Rs.59.93 Lakh for the last 5 financial years. The Bidder shall have a minimum net worth of Rs. 19.98 Lakh at the close of the preceding financial year. The experience for each category would be computed as per weight of following factors to arrive at its aggregated Eligible Experience: Category 1: Project in highways sector - factor of 1 Category 2: Project in core sector - factor of 0.75 Category 3: Construction in highways sector - factor of 1 Category 4: Construction in core sector - factor of 0.75 In case of a Joint Venture, the Lead Member shall meet at least 60% requirement of Bid Capacity, Technical and Financial Capacity, and each of other JV members shall meet at least 20% requirement of Bid Capacity, Technical and Financial Capacity individually. The bidder should have achieved progress commensurate with funds released, and the variation should not be more than 25% in the last 365 days. The bidder should have also completed rectification works as per the time given in non-conformity reports. The specific values and percentages mentioned are: - 20% of Estimated Project Cost as the value of similar work completed - Rs. 4.00 Lakh as the minimum amount received for construction works executed - Rs.59.93 Lakh as the minimum Average Annual Turnover - Rs. 19.98 Lakh as the minimum net worth - 25% as the variation in progress commensurate with funds released - 60% and 20% as the percentage of requirement for Lead Member and other JV members respectively.

Costs

  • EMD

    INR 3,99,551 (USD 4,563)

Description

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