Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date28 Jan 2025
Closing Date11 Feb 2025
Tender AmountINR 2,91,93,924.64 (USD 3,37,731)

AI Insights

Technical
Bid Capacity
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The bid capacity required in the given tender to bid is calculated using the following 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. Note: 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 bidder should have prior work experience in similar works over the last five years and in the current year. The experience should be as a prime contractor or a nominated sub-contractor in works of a similar nature. The bidder is required to provide information on the quantities of work executed, including cement, concrete, masonry, earthworks, and bituminous work, as well as information on the value of contracts. Specifically, the bidder should have completed at least one contract of similar value and nature to the proposed contract within the last five years, with a minimum of 40 percent of the value of the proposed contract. The bidder should also have substantially completed at least one contract of similar value and nature to the proposed contract within the last five years, with a minimum of 90 percent completion. 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 access to or have available liquid assets, such as working capital, cash in hand, and uncommitted bank guarantees, and/or credit facilities up to 25 percent of the value of the contract or contracts applied for. The required information to be filled in by the bidder includes the total value of civil engineering constructions work performed in the last five years and details of work performed as a prime contractor. The value of the contract is mentioned in Rs. Crore, and the total value of civil engineering constructions work performed in the last five years is mentioned in Rs. Lakhs. However, specific percentages of similar works completed are not mentioned, except for the 40 percent and 90 percent completion criteria.

Costs

  • EMD

    INR 2,92,000 (USD 3,378)

Description

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Contact

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