Rural Development Department Tender

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Rural Development Department - RDD Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date4 Feb 2025
Closing Date14 Feb 2025
Tender AmountINR 5,79,37,000 (USD 6,68,634)

AI Insights

Technical
Bid Capacity
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The bid capacity required in the given tender to bid having value and formulas is as follows: Assessed Available Bid Capacity = (A * N * 2) - B Where: A = Maximum value of works executed in any one year during the last five years (updated to the current price level) B = Value of current price level of the existing commitments & ongoing works to be completed during the next years N = 1 for works with a completion period of up to 12 months, and the number of years prescribed for completion of the works for which bids are invited for works with a completion period of more than 12 months. Additionally, the bid capacity is also related to the bidder's ability to provide the necessary securities and to bid at a rate that is not excessively lower than the estimated cost. The formulas for calculating Additional Performance Security (APS) are: 1. Below 5% difference: No Additional Performance Security. 2. From 5% to below 10% difference: 50% of the difference between the estimated cost and the bid amount. 3. From 10% and above difference: 150% of the difference between the estimated cost and the bid amount. The Earnest Money Deposit (EMD) or Bid Security payable along with the bid is also a consideration, with specific percentages mentioned in the context.
Technical Capacity
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The required prior work experience for the bidder is that they should have executed similar nature of work worth 75% of the estimated cost put to tender during any three financial years taken together of the last preceding five years. The total financial turn over in respect of Civil Engineering works should be an amount not less than the amount put to tender during any 3 financial years taken together of the last preceding five financial years. The bidder should have completed work as a prime contractor in the same name and style over the last five years from the date of receipt of the bid. However, specific years of experience are not mentioned. The value of similar works completed is required to be 75% of the estimated cost put to tender, but the specific percentage of similar works completed in terms of volume or magnitude is not explicitly mentioned, except that the bidder must secure 80% marks in aggregate for machineries owned or obtained on hire. The bidder's available bid capacity will be calculated based on the maximum value of works executed in any one year during the last five years and the value of current price level of existing commitments & ongoing works. The bidder should indicate actual figures of costs and amounts for the work executed by them without accounting for the enhancement factors. The enhancement factors for the costs of works executed and the financial figures to a common base value for works completed in India are: - One year before: 1.10 - Two years before: 1.21 - Three years before: 1.33 - Four years before: 1.46 - Five years before: 1.61 The values of Civil Engineering Works executed by the Bidder during the last 5 years are as follows: - Year 1: FY 2019-20: Rs. 1.61 lakhs - Year 2: FY 2020-21: Rs. 1.46 lakhs - Year 3: FY 2021-22: Rs. 1.33 lakhs - Year 4: FY 2022-23: Rs. 1.21 lakhs - Year 5: FY 2023-24: Rs. 1.10 lakhs The bidder is required to certify the maximum updated value of Civil Engineering Works executed during the last 5 years, considering the escalation factor.

Costs

  • EMD

    INR 5,79,370 (USD 6,686)

Description

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