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 2,52,06,662.19 (USD 2,91,604)

AI Insights

Technical
Financial
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. This formula is applied to each partner in a joint venture to the extent of their proposed participation in the execution of the work.
Technical Capacity
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The required prior work experience for the bidder includes providing details of their work experience, such as the year, name of the work, name of the employer, quantity of work performed, and remarks. The bidder should have experience in civil engineering constructions, including works such as cement concrete, masonry, earthworks, and bituminous work. The bidder should have completed works of a similar nature over the last five years, but no specific percentage is mentioned. However, the bidder is required to attach certificates from the engineers-in-charge for the completed works. 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. The value of similar works completed is not explicitly mentioned, but it is mentioned that the bidder should have completed works of a similar nature with a value of Rs. Crore. The employer's additional cost for completing the works shall be 20 percent of the value of the work not completed. The percentage of similar works completed is not specified, but the bidder should have satisfied the employer on works of a similar nature over the last five years and in the current year before the submission of the bid. The bidder should have invested a minimum cash up to 25% of the value of the work during the implementation of the contract. The performance security amount is 5% of the contract price, and the employer's additional cost for completing the works shall be 20 percent of the value of the work not completed. Liquidated damages shall be paid at the rate specified in the contract data, but the exact percentage or amount is not specified.

Costs

  • EMD

    INR 2,53,000 (USD 2,927)

Description

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Contact

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