Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Opening Date24 Feb 2025
Closing Date12 Mar 2025
Tender AmountINR 2,48,85,380.17 (USD 2,87,773)

AI Insights

Technical
Financial
Class Of Bidder
Bid Capacity
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The bid capacity required in the given tender includes several specific values and formulas. 1. Performance Security: 5% of Contract Price + Rs. 14,38,990.00 2. Minimum Cash Investment: 25% of the Contract Value 3. Additional Cost for Non-Completion: 20% of the value of the work not completed 4. Annual Financial Turnover: Rs. 182.87 Lacs. However, to calculate the exact amount required for some of these, such as the Performance Security and Minimum Cash Investment, the contract price or tender value is needed, which is not provided in the given context. Additionally, the liquid assets and/or availability of credit facilities requirement is specified as a percentage of the tender value (25%), but without the actual tender value, this cannot be calculated directly. Therefore, while specific requirements and formulas related to bid capacity are identified, the information is not complete for all aspects.
Technical Capacity
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The bidder should have experience in successfully completing or substantially completing at least one contract of similar work, with the value of the similar work completed being at least Rs. 131.05 Lacs. Substantially completed works mean those works which are at least 90 % completed. The experience should be within the last five years, and the bidder should have experience as a prime contractor or nominated sub-contractor in works of a similar nature. The bidder should provide information on the quantities of work executed and the value of contracts completed. A multiplying factor is applied to costs of works executed in previous years to bring them to a common base value. The bidder should demonstrate having experience and resources sufficient to meet the aggregate of the qualification criteria for each contract.

Costs

  • EMD

    INR 2,49,000 (USD 2,879)

Description

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Contact

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