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 2,08,03,483.09 (USD 2,40,666)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid can be 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 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. Additionally, the bid capacity required in terms of value is at least 01 Crore (INR 1 crore), and the formulas for calculating the bid capacity are based on the applicant's experience, equipment, and financial capabilities, with enhancement factors applied for works completed in India. Available Bid Capacity ≥ Evaluated Bid Price or Available Bid Capacity > Evaluated Bid Price. However, the exact values of A, B, and N are not provided.
Technical Capacity
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The required prior work experience for the bidder includes experience in similar works, such as civil engineering constructions, including Cement Concrete, Masonry, Earth Works, and Bituminous Work. The bidder should have completed similar works in the last five years and in the current year before the submission of the bid. The bidder is required to provide information on their past work experience, 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 contracts for similar works completed in the last five years and the quantities of work executed. The bidder should have 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 also 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, and continuing satisfactorily. The value of the work not completed, representing the employer's additional cost for completing the works, shall be 20 percent. 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 bidder is required to invest a minimum cash up to 25% of the value of the work during implementation of the contract. However, the exact percentage of similar works completed is not specified, except for the 25% investment undertaking and the 40% and 90% mentioned for substantially completed works.

Costs

  • EMD

    INR 2,09,000 (USD 2,418)

Description

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Contact

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