Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date24 Feb 2025
Closing Soon3 Mar 2025
Tender AmountINR 2,40,37,108.11 (USD 2,77,964)

AI Insights

Technical
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is "B" Class. Additionally, bidders must also have a Special Category (Road) III and 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. Additionally, the bid capacity required can also be inferred as: Available Bid Capacity ≥ Evaluated Bid Price. It's also mentioned that the liquid assets and/or availability of credit facilities should be 25% of the Tender Amount. However, specific values for the Annual Financial Turnover, Value of Work, and the Tender Amount itself are not provided, making it impossible to calculate the exact financial capacity required. But the formula for bid capacity is provided as Assessed Available Bid Capacity = (A*N*2-B). Therefore, the answer to the query is: 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 N = Number of years prescribed for completion of the works for which bids are invited.
Technical Capacity
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The bidder is required to have prior work experience in civil engineering constructions, specifically in works of a similar nature, completed over the last five years. 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. The bidder should have a minimum annual financial turnover of at least the annual value of the contract applied for in any one year over the last five years. Additionally, the bidder should have completed a certain amount of work experience, with a total value of at least 20 (in Rs. Lakhs) for civil engineering constructions performed in the last five years. The bidder needs to provide detailed information on their prior work experience, including the value and quantity of work performed, with the value of the contract specified in Rs. Crore. However, no specific percentage of similar works completed is mentioned, except that the bidder should have completed at least one contract of 40 percent of the value of the proposed contract. The bidder should also provide quantities of work executed as a prime contractor or nominated sub-contractor in the last five years, including details such as year, name of the work, name of the employer, and quantity of work performed for various items. The only other percentage mentioned is 5% (Five percent) of the contract price, which is the amount for the performance security to be furnished by the successful bidder.

Costs

  • EMD

    INR 2,41,000 (USD 2,787)

Description

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