Rural Development Department Tender

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Rural Development Department - RDD Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date12 Mar 2025
Closing Soon17 Mar 2025
Tender AmountINR 3,55,51,733 (USD 4,08,033)

AI Insights

Technical
Financial
Additional Eligibility
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is up to "B" Class, specifically for Scheduled Caste and Scheduled Tribe contractors.
Bid Capacity
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The bid capacity required in the given tender can be calculated using the following formulas: 1. 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 = Number of years prescribed for completion of the works for which the bids are invited. 2. Earnest Money Deposit/Bid Security = 1% of the estimated cost put to tender. 3. Initial Security Deposit = 2% of the work as per the accepted tender (excluding additional EMD). 4. Additional Performance Security: - For a difference below 5% between the estimated cost and the bid amount: 0% of the difference - For a difference from 5% and above but below 10%: 50% of the difference between the estimated cost and the bid amount - For a difference of 10% and above: 150% of the difference between the estimated cost and the bid amount - Alternatively, if the bid amount is less than the estimated cost: Additional Performance Security = Estimated cost put to tender - Quoted amount.
Technical Capacity
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The required prior work experience for the bidder includes having 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 bidder should also have a total financial turnover in respect of Civil Engineering works of an amount not less than the amount put to tender during any three financial years taken together of the last preceding five financial years. The bidder needs to provide information regarding similar nature of works executed, which should be certified by the concerned Superintending/Executive Engineer. The bidder also needs to provide details of work in hand, machineries owned or obtained on hire, and an Annual Turnover Certificate from a Chartered Accountant for the last five financial years. The specific values and percentages mentioned are: - 75% of the estimated cost put to tender - Total financial turnover not less than the amount put to tender - Minimum annual turnover (exact amount not specified) - Bid Capacity that is more than the Estimated cost of the work (exact percentage or amount not specified) The bidder should provide a list of projects executed that are similar in nature to the work, but no specific percentage or amount is mentioned for similar works, except for the 75% of the estimated cost put to tender. The bidder should also provide a statement showing the value of existing commitments and ongoing works till the stipulated period of completion.

Costs

  • EMD

    INR 3,55,517 (USD 4,080)

Description

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Contact

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