Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Construction Material
Opening Date27 Feb 2025
Closing Date13 Mar 2025
Tender AmountINR 2,52,11,522.86 (USD 2,91,545)

AI Insights

Technical
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is "B" Class or above for a registered contractor, specifically those with a Special Category-III (Road) approval.
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 06 (Six) Months (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 bidder should have liquid assets and/or availability of credit facilities amounting to 25% of the contract price, which is Rs. 63,02,880.71, given the contract price is Rs. 2,52,11,522.86.
Technical Capacity
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The required prior work experience for the bidder includes substantially completed works, with at least 90% completion of the original contract price. The bidder should have experience in executing all major items of works under the proposed contract. The value and percentage of similar works completed include 90% or more of the original contract price. Additionally, the bidder is required to provide information on the value of similar works completed, but specific values and percentages are not mentioned, except that the Employer’s additional cost for completing the works shall be 20 per cent of the value of the work not completed. The bidder should also have access to liquid assets and/or credit facilities up to 25 percent of the value of the contract/contracts applied.

Costs

  • EMD

    INR 2,53,000 (USD 2,926)

Description

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Contact

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