Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date30 Jan 2025
Closing Date11 Feb 2025
Tender AmountINR 2,43,29,521.72 (USD 2,81,457)

AI Insights

Technical
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 (updated to the price level of the year indicated in appendix) taking into account the completed as well as works in Progress. B = Value at current price level of the existing commitments and ongoing works to be completed during the next period of completion of work for which bids are invited. N = Number of years prescribed for completion of the works for which the bids are invited. In the case of a joint venture, the available bid capacity will be applied for each partner to the extent of his proposed participation in the execution of the work.
Technical Capacity
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The required prior work experience for the bidder includes experience in similar works, with details of the experience to be provided in the bid document. The bidder should have experience as a prime contractor or nominated sub-contractor in works of a similar nature over the last five years and in the current year before the submission of the bid. The bidder is required to provide information on the works performed in the past, including the year, name of the work, name of the employer, quantity of work performed, and remarks. They should also provide information on the value of the works completed. Specific requirements include having a minimum annual financial turnover, defined as billing for works in progress and completed in all classes of civil engineering construction works, of the annual value of the contract or contracts applied for in any one year over the last five years. 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. Substantially completed works mean those works which are at least 90 percent completed as on the date of submission. The value of contracts is to be provided in Rs. Lakhs and Rs. Crore. The bidder should also have access to or have available liquid assets and/or credit facilities up to 25 percent of the value of the contract or contracts applied for. The employer may apply a percentage of 20 percent to the value of the work not completed, representing the employer's additional cost for completing the works. The bidder should have a minimum cash investment of up to 25% of the value of the work during the implementation of the contract. However, the exact amount of similar works completed is not explicitly mentioned, but the bidder is required to provide details of the value of contracts completed. The bidder should provide a certificate from the Engineer-in-charge for the completed works, which should mention the value of the works completed.

Costs

  • EMD

    INR 2,44,000 (USD 2,823)

Description

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Contact

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