Rural Development Department Tender

... More
Search from a pool of business opportunities related to Odisha tenders on the online platform of BidAssist. Be it an Odisha PWD tender or a civil aviation tender, one can find every tender Odisha government, as well as PSUs and other organizations, post online. Every tender, active or achieved, is sourced from the eProcurement Odisha website and thus carries full credibility.

Rural Development Department - RDD Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date4 Mar 2025
Closing Date17 Mar 2025
Tender AmountINR 5,33,06,574 (USD 6,10,192)

AI Insights

Technical
Financial
Class Of Bidder
... View More
The class eligibility requirement to bid or participate in this tender is Super/Special class Contractor or "A" Class Contractor.
Bid Capacity
... View More
The bid capacity required in the given tender is calculated using the formula: Assessed Available Bid Capacity = (A*N*2-B) Where: A = Maximum value of Civil Engineering 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. (for work completion period less than one year the value may be taken as one year) The bid capacity required in the given tender includes the following: 1. Earnest Money Deposit (EMD): 2% of the amount put to tender. 2. Bid Security: The amount mentioned under NIT/Contract Data. 3. Additional Performance Security: The amount mentioned under NIT/Contract Data, which, together with the EMD, makes 2% or 3% of the cost of the work. Additionally, there are formulas for price adjustment, but they do not directly relate to calculating the bid capacity. The bidder's available bid capacity at the expected time of bidding should be more than the total estimated cost of the works. The works with an estimated cost of more than Rs 3.00 Crores are subject to this bid capacity clause.
Technical Capacity
... View More
The bidder is required to have prior work experience in similar nature of works. 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 value of work executed by the applicant shall be updated to current price level using escalation factor. The bidder should have experience in executing civil engineering works, with a maximum value of works executed in any one year during the last five years. However, specific percentages or amounts of similar works completed are not mentioned, except that the bidder should have completed similar works with a value that can be specified in Format-I. The bidder needs to provide a certificate from the Engineer-in-Charge, not below the rank of Executive Engineer, for the similar nature of work executed. The annual turnover of the bidder for the last five financial years, with a break-up of civil works and total works for each financial year, should also be provided. The bidder should have a total financial turn over in respect of Civil Engineering works of an amount not less than the amount put to tender during any 3 financial years taken together of the last proceeding five financial years. The assessed available bid capacity is calculated as (A*N*2-B), where A is the maximum value of civil engineering works executed in any one year, updated to the current price level with an escalation factor of 10 percent per year. The value of works already executed and the value of works remaining to be completed are to be mentioned in Rs. in lakhs, but specific percentage of similar works completed is not mentioned. The bidder's experience and resources should be sufficient to meet the aggregate of the qualifying criteria for the individual contracts.

Costs

  • EMD

    INR 5,33,066 (USD 6,102)

Description

Unlock the Tender details for free
Scription for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user

Contact

Unlock the Tender details for free
Disclaimer: BidAssist has made every reasonable effort to ensure that the information is accurate and authentic however it cannot be held liable for any third-party claims or losses of any damages. BidAssist makes no warranty, expressed or implied, as to the results obtained from the use of the information. If you think you may have noticed any error or omission, please let us know by contacting contact@bidassist.com.