Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Opening Date29 Jan 2025
Closing Date11 Feb 2025
Tender AmountINR 4,98,61,902.42 (USD 5,76,830)

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. The bidder must have an available bid capacity of more than the total estimated cost of the works to be qualified.
Technical Capacity
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The bidder should have experience in similar works, specifically in civil engineering constructions, as a prime contractor or nominated sub-contractor in the last five years. The bidder should have completed works of a similar nature, with 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 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. Additionally, 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 or contracts applied for. The required prior work experience includes having performed work as a prime contractor or nominated sub-contractor in the last five years, with a total value of civil engineering constructions completed. The bidder should provide details of work performed, including project name, employer, description of work, contract number, value of contract, and dates of issue and completion of the work. The value of contracts is to be mentioned in Rs. Crore, and the quantities of work executed as prime contractor or sub-contractor are also required. The bidder should have completed similar works with a total value, and should provide a certificate from the engineer-in-charge for the completed works. The amount involved is 25 percent of the value of the contract or contracts applied for, and the percentage of similar works completed is at least 40 percent of the value of the proposed contract, with substantially completed works being at least 90 percent completed.

Costs

  • EMD

    INR 4,99,000 (USD 5,773)

Description

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Contact

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