Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date14 Feb 2025
Closing Date27 Feb 2025
Tender AmountINR 2,51,56,336.01 (USD 2,87,265)

AI Insights

Technical
Class Of Bidder
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Class "B" & Above
Bid Capacity
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The bid capacity required in the given tender to bid 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 (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 determines the available bid capacity of the bidder, which must be more than the total estimated cost of the works to qualify for the bid. In the case of a joint venture, the available bid capacity will be applied for each partner to the extent of their proposed participation in the execution of the work. Alternatively, the bid capacity required can also be inferred as the annual financial turnover of the bidder, which should be at least equal to the annual value of the contract/contracts applied for. However, another source mentions that the available bid capacity should be adjusted to account for the bidder's bid price, but the exact formula for this adjustment is not provided. It is also mentioned that the bidder should provide information on bid capacity, including existing commitments and ongoing works, with details such as value of contract, stipulated period of completion, value of works remaining to be completed, and anticipated date of completion. The bid capacity required is mentioned in various clauses, including clause 4.7, 1.4, and 31.1 (ii), which provide guidance on the assessment of the bidder's available bid capacity.
Technical Capacity
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The bidder should have prior work experience in civil engineering constructions, with a minimum annual financial turnover in any one year, over the last five years, of the annual value of contract/contracts applied for. 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. Substantially completed works mean those works which are at least 90% completed. The bidder should have completed at least one contract of similar work with a value of at least 40% of the proposed contract value, and the work should be substantially completed, i.e., at least 90% completed. The bidder should provide information on the value of similar works completed, with details such as contract value, billing amount, and percentage of work completed. The bidder should 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. The bidder should submit audited balance sheets for the last five years, demonstrating the soundness of the applicant's financial position, showing long-term profitability, including an estimated financial projection for the next two years. The bidder should provide accurate information on any litigation or arbitration resulting from contracts completed or under execution by him over the last five years, with details such as the amount involved and the present status of the dispute. The bidder should have a consistent history of satisfactory performance, with no record of poor performance, such as abandoning the work, rescinding of contract, or consistent history of litigation awarded against the applicant. The bidder should provide quantities of work executed as prime contractor, work performed, in the past as a nominated sub-contractor, provided the sub-contract involved execution of all main items of work described in the bid document, and all other qualification criteria are met, in the last five years. The bidder should have experience in executing all major items of works under the proposed contract, with a minimum of 90% completion of similar works, and a contract value of at least 40% of the proposed contract value. The bidder should provide information on the amount of similar works completed, with details such as contract value, billing amount, and percentage of work completed, and should have access to liquid assets and/or credit facilities up to 25% of the contract value. The bidder should have a minimum annual financial turnover of the annual value of contract/contracts applied for, and should have completed at least one contract of similar work with a value of at least 40% of the proposed contract value. The bidder should provide information on the value of similar works completed, with details such as contract value, billing amount, and percentage of work completed, and should have a consistent history of satisfactory performance. The bidder should have experience in executing all major items of works under the proposed contract, with a minimum of 90% completion of similar works, and a contract value of at least 40% of the proposed contract value, and should have access to liquid assets and/or credit facilities up to 25% of the contract value. The bidder should provide accurate information on any litigation or arbitration resulting from contracts completed or under execution by him over the last five years, with details such as the amount involved and the present status of the dispute, and should have a consistent history of satisfactory performance. The bidder should have a minimum annual financial turnover of the annual value of contract/contracts applied for, and should have completed at least one contract of similar work with a value of at least 40% of the proposed contract value, and should have access to liquid assets and/or credit facilities up to 25% of the contract value. The bidder should provide information on the value of similar works completed, with details such as contract value, billing amount, and percentage of work completed. The bidder should provide a certificate from the employers, 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 provide information on the amount involved in any litigation or arbitration resulting from contracts completed or under execution by him over the last five years, with details such as the amount involved and the present status of the dispute. The bidder should have a consistent history of satisfactory performance, with no record of poor performance, such as abandoning the work, rescinding of contract, or consistent history of litigation awarded against the applicant. The bidder should have experience in executing all major items of works under the proposed contract, with a minimum of 90% completion of similar works, and a contract value of at least 40% of the proposed contract value. The bidder should provide information on the amount of similar works completed, with details such as contract value, billing amount, and percentage of work completed, and should have access to liquid assets and/or credit facilities up to 25% of the contract

Costs

  • EMD

    INR 2,52,000 (USD 2,878)

Description

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Contact

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