Road Construction Department Tender

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Road Construction Department Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date10 Feb 2025
Closing Date24 Feb 2025
Tender AmountINR 4,99,72,034 (USD 5,70,641)

AI Insights

Technical
Bid Capacity
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The bid capacity required in the given tender can be calculated using the formula: Available Bid Capacity ≥ Evaluated Bid Price. Additionally, the bid capacity is also mentioned as 1% of the Bid Amount, with a note that the Bid Security will be a fixed sum rounded off to the nearest one thousand rupees, which can be represented as: Bid Security = 1% of Bid Amount, rounded off to the nearest one thousand rupees. Furthermore, the Assessed Available Bid capacity can be calculated as: Assessed Available Bid capacity = (A*N*2-B), where A, N, and B are variables representing the maximum value of civil engineering works executed, the number of years prescribed for completion, and the value of existing commitments, respectively. However, the specific values for these variables are not provided. Another requirement is liquid assets and/or availability of credit facilities, which is Rs. 50.00 Lacs.
Technical Capacity
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The required prior work experience for the bidder includes having experience in works of a similar nature and size for each of the last five years. The bidder should have completed works with a value that can be used to calculate their available bid capacity. The total monetary value of construction work performed for each of the last five years should be provided, along with details of works underway or contractually committed. The bidder should have completed a certain value of works in the last five years as a prime contractor or as a nominated sub-contractor. The information on the required prior work experience includes: - Total value of civil engineering construction work performed in the last five years, with specific values for each year. - Quantities of work executed, including earthworks, WMM, and bituminous work, for each year from 2019-2020 to 2023-2024. - Description of work, contract number, value of contract, date of issue of work order, stipulated period of completion, actual date of completion, and remarks explaining reasons for delay and work completed. The bidder should have experience in terms of monetary value, with a successfully completed project of at least 50 percent of the contract value within the last five years. The amount of the successfully completed project is 475.56 lac. The bidder should also have experience of similar nature, with a monetary value of at least 475.56 lac. However, the exact percentage of similar works completed is not specified. But the bidder is required to provide information on the value of contracts and the quantity of work executed, which can be used to calculate the percentage of similar works completed. The bidder should attach certificates from the Engineer(s)-in-Charge and a certificate from a Chartered Accountant to support the information provided. The bidder should also provide an affidavit regarding existing commitments and a certificate from the Engineer-in-charge, which may include information about the percentage of similar works completed.

Costs

  • EMD

    INR 5,00,000 (USD 5,710)

Description

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