Public Works Roads Department Tender

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Public Works Roads Department - PWRD Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date3 Mar 2025
Closing Date27 Mar 2025
Tender AmountINR 3,73,85,830 (USD 4,27,950)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender is to invest a minimum of 25% of the bid value for the work. Additionally, the bidder should have an average annual financial turnover of 50% of the Estimated Cost put to Tender, and should have satisfactorily completed similar works of specified values (Rs.149.55 L for Civil, Sanitary & Water Supply Works and Rs.6.68 L for Electrical Works). However, the exact formula for calculating the bid capacity is not provided, but a formula for Assessed Available Bid Capacity is given as: Assessed Available Bid Capacity = (A X N X 2 - B), where A, N, and B are defined in terms of executed works, completion years, and existing commitments. Since specific estimated cost put to tender is not provided, a precise numerical value for the average annual financial turnover cannot be calculated.
Technical Capacity
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The required prior work experience for the bidder is B.E Civil + 5 years Exp. or Dip. Civil + 7 Years Exp. The bidder should have satisfactorily completed 40% of contract value, as a prime contractor, at least one similar work of value not less than amounting to Civil, Sanitary & Water Supply Works of Rs.149.55 L and Electrical Works of Rs.6.68 L. The bidder should also have had an average annual financial turnover of 50% of Estimated Cost put to Tender on construction works during the last 5 consecutive years ending 31st March, 2024. Additionally, the bidder should have executed similar works at least one similar work of value not less than amounting to Electrical Works of Rs.6.68 L. The bidder should also have a minimum of 25% own capital as per the tender agreement.

Costs

  • EMD

    INR 7,47,717 (USD 8,559)

Description

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