Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date21 Feb 2025
Closing Soon1 Mar 2025
Tender AmountINR 4,82,86,679.19 (USD 5,56,437)

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender includes Appropriate Class and Special Category - Road / Bridge / Building with Category I / II / III.
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 (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.
Technical Capacity
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The required prior work experience for the bidder includes having completed similar works over the last five years and in the current year before the submission of the bid. The bidder should have experience as a prime contractor or nominated sub-contractor, with a total value of civil engineering constructions worked performed in the last five years. The information to be filled in by the bidder includes the total value of civil engineering constructions work performed in the last five years, in Rs. Lakhs. The bidder should also provide details of work performed as a prime contractor or nominated sub-contractor, including project name, employer, description of work, and contract number. Regarding similar works completed, the bidder should have completed substantially completed works, which are at least 90% completed, and continuing satisfactorily. The bidder should submit a certificate from the employer, incorporating clearly the name of the work, contract value, billing amount, date of commencement of works, satisfactory performance of the contractor, and any other relevant information. 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 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 bidder should invest a minimum cash up to 25% of the value of the work during implementation of the contract. 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 percent of the value of the contract/contracts applied. For joint ventures, the lead partner shall meet not less than 50 percent of all criteria, and the joint venture must collectively satisfy the criteria. The experience of the other joint venture partners shall be considered if it is not less than 30 percent of the qualifying criteria. The calculation for the Assessed Available Bid Capacity involves the "Maximum value of work executed in any one year during the last five years," which implies that bidders should have at least five years of experience in executing works. However, specific details about the percentage of similar works completed or the exact amount of experience required in terms of percentage are not directly mentioned, except for the requirement of substantially completing works, which means those works that are at least 90% completed, and the requirement of investing a minimum cash up to 25% of the value of the work during implementation of the contract.

Costs

  • EMD

    INR 4,82,866 (USD 5,564)

Description

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Contact

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