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 Date13 Feb 2025
Closing Date27 Feb 2025
Tender AmountINR 5,22,27,000 (USD 5,96,391)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender is calculated using the formula: Assessed Available Bid Capacity = (A*N*2-B) Where: A = Maximum value of Civil Engineering works executed in any one year during the last five years (updated to the current price level) B = Value of current price level of the existing commitments & ongoing works to be completed during the next years N = Number of years prescribed for completion of the works for which the bids are invited. For work completion period less than one year, the value will be taken as one year. Additionally, the bidder should have a total financial turnover in respect of Civil Engineering works of an amount not less than 60% of the amount put to tender during any year of the last preceding five financial years. The available bid capacity should be more than the total estimated cost of the works for the bidder to be qualified. The Annual turnover should be a minimum of 200% of the annual payment of the work put to tender. The bid capacity required is to be more than the Estimated cost of the work.
Technical Capacity
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The required prior work experience for the bidder includes similar nature of work, with a minimum of 40% of the estimated cost put to tender during any one financial year in the last preceding five years, starting from 2019-20 to 2023-24, excluding the current financial year 2024-25, for road works. The bidder should have a minimum annual turnover of civil construction works of at least 200% of the annual payment of the work put to tender, and the total financial turnover in respect of civil engineering works should be at least 60% of the amount put to tender during any one financial year of the last preceding five financial years. The bidder needs to furnish a list of projects executed that are similar in nature to the work in a specific format. The bidder's bid capacity is calculated based on the total value of Civil Engineering construction work performed in the last five years, with a certificate from a Chartered Accountant. The specific values and percentages mentioned are: - 40% of the estimated cost put to tender - 200% of the annual payment of the work put to tender - 60% of the amount put to tender - 5 years (last preceding five financial years, starting from 2019-20 to 2023-24) No specific percentage of similar works completed is mentioned, but the bidder is required to have a minimum of 60% of the amount put to tender as their total financial turn over in respect of Civil Engineering works during any year of the last preceding five financial years.

Costs

  • EMD

    INR 5,22,270 (USD 5,964)

Description

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