Pradhan Mantri Gram Sadak Yojana Tender

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Pradhan Mantri Gram Sadak Yojana - PMGSY Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date12 Feb 2025
Closing Soon25 Feb 2025
Tender AmountINR 2,92,27,000 (USD 3,36,801)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid is calculated using the formula: Assessed Available Bid Capacity = (A * N * M) - B Where: A = Maximum value of civil engineering works executed in any one year during the last five years (updated to the price level of the last year at the rate of 8 percent a year) N = Number of years prescribed for completion of the works for which bids are invited M = 2 or such higher figure not exceeding 3 as may be specified B = Value, at the current price level, of existing commitments and on-going works to be completed during the period of completion of the works for which bids are invited. The available bid capacity for construction work should be equal to or more than the total bid value excluding maintenance. Additionally, the bid security amount is calculated as 2% of the estimated value of the Works. Bid Security Amount = 2% of Estimated Value of Works For example, if the estimated value of the works is Rs. 100,000, the Bid Security Amount would be: Bid Security Amount = 2% of Rs. 100,000 = Rs. 2,000 This amount is to be furnished by the bidder as part of the bid.
Technical Capacity
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The required prior work experience for the bidder includes: - At least one similar work equal in value to one-third (or one-fourth in case of Naxal/LWE affected districts) of the estimated cost of the work. - Maintenance Engineer with degree/diploma in Civil Engineering and minimum 3 years of experience. - Experience and resources sufficient to meet the aggregate of the qualifying criteria for individual contracts. - Maximum value of civil engineering works executed in any one year during the last five years. The values and percentages mentioned are: - One-third (or one-fourth in case of Naxal/LWE affected districts) of the estimated cost of the work. - 75% (replaced by 50% in case of Naxal / Left Wing Extremist Affected Districts) of the amount put to bid if it's more than Rs. 200 lakhs, and 60% if it's Rs. 200 lakhs or less. - 8% per year for indexing turnover. - Rs. Five crores as the threshold value for maintenance contracts. - 10 percent of the contract value for evidence of access to lines of credit and availability of other financial resources. Additionally, the bidder should have satisfactorily completed similar works with a value equal to or more than the specified percentage of the estimated cost of the work, and achieved a minimum financial turnover, with at least 50% of it being from civil engineering construction works.

Costs

  • EMD

    INR 5,85,000 (USD 6,741)

Description

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