Rural Works Department Tender
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Rural Works Department Tender
Works
Civil And Construction
Eprocure
Opening Date19 Feb 2025
Closing Soon25 Feb 2025
Tender AmountINR 6,64,63,586 (USD 7,65,901)
AI Insights
AI Insights
Technical
Bid Capacity
To determine the bid capacity required, we need to consider the financial and technical capabilities of the bidder.
The bid capacity can be calculated using the formula:
Assessed Available Bid capacity = (A*N*M – B)
Where:
A = Maximum value of civil engineering works executed in any one year during the last five financial years, updated at 8% per year to the price level of the preceding financial year.
N = Number of years prescribed for completion of the works for which bids are invited.
M = 3
B = Value of existing commitments and on-going works to be completed during the period of completion of construction work for which bids are invited.
Additionally, the bidder should have access to lines of credit and other financial resources to the tune of at least 20% of the contract value. The bidder must also demonstrate experience in works of a similar nature and size for each of the last five years.
The estimated value of the works can be calculated using the Bid Security (EMD) amount, which is 2% of the estimated value of the works.
Using the given Bid Security (EMD) amount of Rs. 13.29 Lacs, the estimated value of the works is:
Estimated value of the Works = Bid Security (EMD) / 2% = 13,29,000 / 0.02 = 6,64,50,000
The bid capacity required is to have satisfactorily completed at least one similar work of value not less than 30% of the estimated value of the works, which is:
Similar work value required = 30% of the estimated value of the Works = 0.3 * 6,64,50,000 = 1,99,35,000
Furthermore, to qualify for the award of the Contract, each bidder should have achieved in any one year a minimum annual financial turnover of at least 60% of the amount put to bid, with at least 50% of this minimum annual financial turnover from civil engineering construction works.
Therefore, the bid capacity required can be summarized with the following conditions:
1. Assessed Available Bid capacity = (A*N*M – B)
2. Minimum Annual Financial Turnover = 0.6 * Amount Put to Bid
3. Minimum Annual Financial Turnover from Civil Engineering = 0.3 * Amount Put to Bid
4. Similar work value required = 0.3 * Estimated value of the Works
Answer:
Assessed Available Bid capacity = (A*N*M – B)
Similar work value required = 1,99,35,000
Minimum Annual Financial Turnover = 0.6 * Amount Put to Bid
Minimum Annual Financial Turnover from Civil Engineering = 0.3 * Amount Put to Bid
Technical Capacity
The required prior work experience for the bidder is experience in similar work, although the exact amount or percentage is not explicitly stated in terms of years. However, it is mentioned that the bidder should have performed work as a prime contractor on construction works of a similar nature and volume over the last five years.
The bidder should have satisfactorily completed, as prime contractor or sub-contractor, at least one similar work of value not less than 30% of the amount put to bid (excluding maintenance cost for five years).
In terms of specific values and percentages, the bidder must have:
- A minimum annual financial turnover of 60% of the amount put to bid, with at least 50% coming from civil engineering construction works.
- Completed at least one similar work of value not less than 30% of the amount put to bid, excluding maintenance costs for five years.
The bidder should have experience in works of a similar nature and size for each of the last five years. The cutoff date for experience certificate (similar work) is the last date of the month before the last date of receipt of tender.
For joint ventures, the lead partner must meet not less than 50% of the qualification criteria, and each of the remaining partners must meet not less than 25% of all the criteria. The joint venture must collectively satisfy the criteria, with the relevant figures for each partner added together to arrive at the joint venture's total capacity, which must be 100% or more.
The bidder can subcontract components of the works for construction/up-gradation, aggregating to not more than 25 percent of the Contract Price.
Costs
EMD
INR 13,29,300 (USD 15,318)
Description
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Contact
Tender Id
2025_RWD_139010_1Tender No
NDB-BRRP2-494-585-BENIPATTITender Authority
Rural Works Department ViewPurchaser Address
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