Rural Works Department Tender

... More
Search from across the categories, cities, and authorities to find the latest Jharkhand tenders. Every Jharkhand tender is curated from credible sources of government websites (eProcurement Jharkhand portal) and newspapers, thus ensuring the credibility of the information presented to you. For more information on Jharkhand tender bidder registration, the login process and more read the FAQs section on this page.

Rural Works Department - RWD Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date11 Mar 2025
Closing Date20 Mar 2025
Tender AmountINR 2,49,36,587 (USD 2,86,201)

AI Insights

Technical
Bid Capacity
... View More
The bid capacity required can be calculated using the formula: Assessed Available bid Capacity = (AxNx2.5-B), where A is the maximum value of civil engineering works executed in anyone year during the last five years, N is the number of years prescribed for completion of the works, and B is the value of existing commitments and ongoing works to be completed during the next two years for tender amounts more than 2.5 cr. Additionally, the value of A is subject to escalation factors. Alternatively, there is a mention of an undertaking by the bidder to invest a minimum of cash up to 10% as defined, and evidence of access to financial resources of 10% of the Bill of Quantity (BOQ) amount, but no explicit formula is provided for this. However, the primary formula provided is the most relevant information for calculating bid capacity.
Technical Capacity
... View More
The bidder is required to have prior work experience as a prime contractor on construction works of a similar nature and volume over the last five years preceding the year in which bids are invited. To qualify for the award of the contract, each bidder should have satisfactorily completed at least one work of similar nature, with a value not less than 1/3rd of the estimated value of the work tendered, in the last five years preceding the year in which the tender is invited. The completion should be at least 90% as a prime contractor or duly authorized sub-contractor by the Employer. Additionally, the bidder should have achieved a minimum annual financial turnover of 50% of the estimated value of the work tendered in the last five years, applicable for tender amounts more than 2.5 cr. The required prior work experience for technical personnel varies based on the tender amount: - For tender amounts more than 0.5 cr and up to 2.5 cr: - Project Manager: 5 years - Graduate Engineer: 2 years - For tender amounts more than 2.5 cr and up to 5 cr: - Project Manager: No specific years mentioned - Graduate Engineer: 1 year (in addition to the 1 required for amounts between 0.5 cr and 2.5 cr) - For tender amounts more than 5 cr: - Project Manager: No specific years mentioned - Graduate Engineer: 1 year (in addition to the 1 required for amounts between 2.5 cr and 5 cr) The value of similar works completed should be at least 1/3rd of the estimated value of the work tendered, and the percentage of completion should be at least 90%. The bidder should also have a minimum annual financial turnover of 50% of the estimated value of the work tendered in the last five years for tender amounts more than 2.5 cr.

Costs

  • EMD

    INR 4,99,000 (USD 5,727)

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.