Road Construction Department Tender

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Road Construction Department Tender

Works
Eprocure
Opening Date31 Jan 2025
Closing Date20 Feb 2025
Tender AmountINR 6,13,39,514 (USD 7,09,609)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender can be calculated using the formula: 2 x A x N - B, where A = Maximum value of civil engineering works executed in any one year during the last 5 years = 303.61 Lakh, N = Completion Time (in No. of YEARS) = 5 years, and B = Value of Existing Commitments (in LAKHS). Thus, the bid capacity can be calculated as 2 x 303.61 x 5 - B = 3036.2 - B. Additionally, the available bid capacity of the bidder should be greater than or equal to the evaluated bid price, as per the formula: Available Bid Capacity ≥ Evaluated Bid Price. In other words, the available bid capacity of the bidder should be greater than or equal to the evaluated bid price. If the available bid capacity is less than the evaluated bid price, the contract will be awarded to the next lowest bidder at their evaluated bid price.
Technical Capacity
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The bidder is required to have prior work experience in works of a similar nature and size for each of the last five years. The experience should include details of works underway or contractually committed, and clients who may be contacted for further information on these contracts. Specifically, the bidder should have experience in: - Earth work in cutting/filling (combined quantities): 1890.00 cum - Bituminous Work (combined quantities): 2377.89 cum - Cement Concrete (no value mentioned) The bidder should also provide the total monetary value of construction work performed for each of the last five years. The bidder should have successfully completed a project with a value of at least 50 percent of the contract value within the last five years, with the amount of the successfully completed project mentioned as 303.61 Lakh. No specific percentage of similar works completed is mentioned in most cases, but the bidder should demonstrate having experience and resources sufficient to meet the aggregate of the qualifying criteria for the individual contracts. The bidder's available bid capacity will be calculated based on the maximum value of civil engineering works executed in any one year during the last five years, taking into account completed as well as works in progress. The assessed available bid capacity should be more than the total bid value. The bidder needs to provide information on their bid capacity, including existing commitments and ongoing works. The required prior work experience for personnel includes experience in specific roles such as Project Manager, Site Engineer, Plant Engineer, Quantity Surveyor, Soil & Material Engineer, and Survey Engineer, with varying years of experience and qualifications. The bidder should provide an undertaking that they will be able to invest a minimum cash up to 25% of the contract value of work, during implementation of the contract, and provide evidence of access to line(s) of credit and availability of other financial resources facilities (10% of contract value).

Costs

  • EMD

    INR 6,08,000 (USD 7,034)

Description

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