Rural Development Department Tender

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 required in the given tender can be calculated using the formula: 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 (period of completion of works for which bids are invited) N = Number of years prescribed for completion of the works for which the bids are invited. The Bid Capacity required is to be more than the Estimated cost of the work. However, since the exact value of Estimated Cost of Work is not provided, the answer can be written as: Bid Capacity > Estimated Cost of Work (Exact value not found). Additionally, the bidder must secure 80% marks in aggregate for the machinery possessed, owned, leased, or hired. Other requirements include: 1. Earnest Money Deposit (EMD)/ Bid Security: 1% of the estimated cost put to tender. 2. Initial Security Deposit: 2% of the work as per the accepted tender. 3. Additional Performance Security: The exact amount of differential cost (estimated cost put to tender minus the quoted amount) if the successful bidder has quoted less bid price/rates than the estimated cost put to tender. Formulas: 1. EMD/ Bid Security = 1% of estimated cost 2. Initial Security Deposit = 2% of accepted tender value 3. Additional Performance Security = Estimated cost - Quoted amount 4. Assessed Available Bid Capacity = (A * N * 2) - B Note: The exact value of Estimated Cost of Work is not provided.