Police Housing Corporation Limited Tender

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Police Housing Corporation Limited Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date10 Mar 2025
Closing Soon15 Mar 2025
Tender AmountINR 2,44,37,800 (USD 2,80,476)
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Bid Capacity
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The bid capacity required to bid in the given tender is that the completed value (including Taxes/GST) shall be more than 50% of the proposed contract value in a single contract or in two contracts. The formula can be written as: Completed value (including Taxes/GST) > 0.5 * Proposed contract value, where Proposed contract value = Lakhs + GST @18%. Additionally, other bid capacity requirements involve various components and formulas, including: 1. Earnest Money Deposit (EMD) calculated as 1% of the contract value for up to Rs.20.00 Lakhs plus 0.5% of the value of work put to tender for above Rs.20.00 Lakhs. Formula: EMD = (1% of contract value for up to Rs.20.00 Lakhs) + (0.5% of contract value for above Rs.20.00 Lakhs) 2. GST amount calculated at 18% from the sum of total tendered value quoted by the tenderer for construction cost (Excluding GST). Formula: GST amount = 18% of total tendered value (excluding GST) 3. Price adjustment for steel component: Vs = 0.85 X Ps / 100 x R x (S1 - S0) / S0, where Vs is the increase or decrease in the cost of work, Ps is the percentage for the steel component of the work, S0 is the RBI index for steel for the quarter during the date of opening of tenders, S1 is the RBI index for steel for the quarter under consideration, and R is the rate. 4. Percentage for steel and cement components: Ps = 9.86% for steel and Pc = 3.99% for cement. 5. Liquidated damages and bonus for advance completion of work.
Technical Capacity
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The required prior work experience for the bidder involves satisfactorily executing and completing building works or related works. The completed value, including taxes and GST, should be more than 50% of the proposed contract value in a single contract or in two contracts. The experience certificate should be issued by an officer not less than the rank of Executive Engineer or equivalent rank, and the date of completion of the works stated in the experience certificate should be within the past 5 years prior to the date of tender. The percentage of similar works completed is more than 50% of the proposed contract value. However, no specific amount is mentioned as a requirement for the bidder. The works executed under sub-contract will not be considered for this purpose. Additionally, the experience requirements are tied to the value of the tender, with specific qualifications and experience needed for different value ranges: - Rs. 1 Lakh to Rs. 3 Lakhs: One Diploma holder in Civil Engineering or not less than one retired Junior Engineer. - Rs. 3 Lakhs to Rs.10 Lakhs: One B.E., (Civil) or equivalent degree holder or not less than one retired sub-divisional officer (Assistant Executive Engineer or Assistant Divisional Engineer). - Rs.10 Lakhs to Rs.25 Lakhs: One B.E., (Civil) or equivalent degree holder with three years experience in Civil Engineering works not less than one retired sub-divisional Officer plus one Diploma holder in Civil Engineering. - Rs.25 Lakhs to Rs.50 Lakhs: One B.E., (Civil) or equivalent degree holder with three years experience or not less than one retired sub-divisional officer (retired Assistant Executive Engineer) plus two Diploma holders in Civil or two retired Junior Engineers. - Above Rs.50 Lakhs: To be examined in individual case depending on the nature of and the technical skill involved.

Costs

  • EMD

    INR 1,32,200 (USD 1,517)

Description

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