Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date25 Feb 2025
Closing Date17 Mar 2025
Tender AmountINR 2,89,25,205.55 (USD 3,34,490)

AI Insights

Technical
Financial
Class Of Bidder
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Class B & Above
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*2-B) Where: A = Maximum value of work executed in any one year during the last five years B = Value at current price level of the existing commitments and ongoing works to be completed during the next 06 Months N = Number of years prescribed for completion of the works for which the bids are invited. This indicates that the available bid capacity should be more than the total estimated cost of the works for the bidder to be qualified.
Technical Capacity
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The required prior work experience for the bidder includes experience in similar work, such as cement concrete, masonry, earthworks, and bituminous work. The bidder should provide information on the quantity of work performed and the value of similar works completed. Regarding the value and percentage of similar works completed, the bidder should have experience in successfully completing or substantially completing at least one contract of highway (road and/or bridge works) or airport runway of at least 40 percent of the value of the proposed contract within the last five years. Additionally, the bidder should have achieved a minimum annual financial turnover of the annual value of the contract applied for in any one year over the last five years. The bidder is also required to provide an undertaking to invest a minimum cash up to 25% of the value of the work during implementation of the contract.

Costs

  • EMD

    INR 2,90,000 (USD 3,354)

Description

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Contact

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