Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Opening Date26 Feb 2025
Closing Soon6 Mar 2025
Tender AmountINR 2,51,17,466.49 (USD 2,90,457)

AI Insights

Technical
Financial
Class Of Bidder
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Class “B”
Bid Capacity
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The bid capacity required 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, and N = Number of years prescribed for completion of the works for which the bids are invited.
Technical Capacity
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The required prior work experience for the bidder includes having 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. The works should be at least 90% completed. The bidder should have availability of personnel with adequate experience as required. However, the exact amount of experience required is not specified. Regarding the value and percentage of similar works completed, the bidder should have completed at least 90% of the original contract price for similar works. 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 should also have access to or have available liquid assets (aggregate of working capital, cash in hand, and uncommitted bank guarantees) and/or credit facilities up to 25% of the value of the contract/contracts applied. The bidder should provide information on the total value of civil engineering constructions performed in the last five years, as well as details of specific projects. The bidder should also provide quantities of work executed as prime contractor or nominated sub-contractor in the last five years. The specific values and percentages of similar works completed mentioned are 40 percent of the value of the proposed contract and 90% completion of the original contract price. The bidder should also have liquid assets and/or credit facilities up to 25% of the value of the contract/contracts applied.

Costs

  • EMD

    INR 2,52,000 (USD 2,914)

Description

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