Rural Development And Panchayat Raj Department Tender
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Technical
Technical
Financial
Class Of Bidder
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Eligible class (with monetary limit as per the revised class) and above.
Bid Capacity
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The bid capacity required in the given tender is 113.88 LAKHS, which is related to the value of the contract work. The total bid price will be the cumulative value quoted for construction and the Goods and Services Tax (GST). Additionally, the bidder should have completed a single agreement of 113.88 LAKHS in the preceding three years. Also, the bidder should have completed works of similar nature costing at least 50% of the value of the work put to tender in a single contract within the last three years period, which is 50% of Rs.22,80,00,000/-, i.e., Rs.11,40,00,000/-. The working capital required is the amount available in the Bank Accounts of the applicant on the date of submission of application plus the unutilized amount of overdraft / credit facility extended to the applicant by the Nationalized / Scheduled Banks, calculated as: Working capital = Amount available in Bank Accounts + Unutilized overdraft / credit facility. However, the exact formula for calculating the bid capacity is not provided.
Technical Capacity
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The required prior work experience for the bidder includes completing works as a prime contractor on road construction works of similar nature, with a value of at least 50% of the value of the work put to tender in a single contract within the last three years period, although the specific percentage is not consistently mentioned. The value of similar works completed is mentioned as 113.88 LAKHS. The bidder should have completed similar road works costing more than Rs. 113.88 lakhs under a single agreement in the preceding three years. Additionally, the bidder should have satisfactorily completed at least one road work of similar nature with a value not less than Rs. 113.88 Lakh under a single agreement in any one of the preceding three years. The bidder's annual financial turnover should be more than Rs. 113.88 Lakh in any one of the preceding three years, and the cumulative financial turnover should be not less than Rs. 341.64 Lakh from civil engineering constructions in the last three years. The required prior work experience also includes submitting details of works completed and in progress.
Costs
EMD
INR 2,28,000 (USD 2,604)
Summary
Tirunelveli Improvement Of Roads In Package No Mgsmt - Phase I 10 - 2025-26
Description
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Contact
Tender Id
2025_RDTN_524859_10Tender No
A4/2200924/2024 MGSMT Phase I 2025-26Tender Authority
Rural Development And Panchayat Raj Department ViewPurchaser Address
-Website
http://tntenders.gov.in
Documents