State Building Construction Corporation Limited Tender
The JSBCC has issued a formal invitation for competitive bids for the State Building Construction Corporation Limited project, for Construction Of Women S College, Bengabad, Giridih In Gandey Legislative Assembly Constituency Of Giridih District Under Vinoba Bhave University, Hazaribagh in Giridh, Jharkhand, with an estimated contract value of Rs. 41,90,35,793. The bid opening date for this tender is 19-02-2025 and the last date for bid submission is 24-03-2025. Interested bidders for State Building Construction Corporation Limited tender can download the important documents here to check the scope of work, eligibility criteria and technical requirements.
State Building Construction Corporation Limited - JSBCC Tender
Opening Date19 Feb 2025
Closing Date24 Mar 2025
Tender AmountINR 41,90,35,793 (USD 47,89,531)
AI Insights
Technical
Bid Capacity
The bid capacity required in the given tender can be determined by the following:
1. 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 price level of the year indicated in Appendix) taking into account the completed
as well as works in progress.
N = Number of years prescribed for completion of the works for which bids are invited.
B = Value (updated to the price level of the year indicated in Appendix) of existing commitments
and on-going works to be completed during the next 21/12 Years (period of completion of the
works for which bids are invited)
2. Available bid capacity = (Value of works completed in the last 5 years + Value of ongoing works) - (Value of works remaining to be completed)
Additionally, the bid capacity required includes:
- Evidence of access to or availability of credit facilities: minimum 20% of Estimated Cost, certified by the bankers.
- Undertaking that bidder would be able to invest a minimum of cost up to 25% of the contract value of work, during implementation of contract.
- Bid Capacity ≥ Evaluated Bid Price
Formulas and values are also given as:
- 20% of Estimated Cost for credit facilities
- 25% of the contract value for investment during implementation
- 10% of the bid amount for subcontracting of elements of work.
Technical Capacity
The required prior work experience for the bidder includes having executed works of a similar nature and size for each of the last five years, with experience in works such as cement concrete and earthworks. The bidder should provide information on the quantities of work executed as a prime contractor or as a nominated sub-contractor in the last five years, including the value of the contract and the percentage of work completed.
Specifically, the bidder should provide the quantity of work performed for each year from 2019-2020 to 2023-2024, including the contract reference number and remarks. However, the specific value and percentage of similar works completed are not explicitly mentioned.
The bidder's available bid capacity will be calculated based on the maximum value of civil engineering works executed in any one year during the last five years. The contract value is over Rs. 2.5 Crore. The bidder should undertake to invest a minimum cash up to 25% of the contract value of work during the implementation of the contract.
The bidder should also have access to financial resources, including cash in hand, lines of credit, etc., with a minimum of 20% of the estimated cost, and provide evidence of access to or availability of credit facilities, certified by their bankers. The bidder should have liquid assets and/or availability of credit facilities of no less than an amount indicated in the Appendix, which is usually the equivalent of the estimated cash flow for 3 months in the peak construction period.
Costs
EMD
INR 41,91,000 (USD 47,903)
Description
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Contact
Tender Id
2025_JSBCC_98592_1Bid Award Id
ViewTender No
JSBCCL/122/2024-25Tender Authority
State Building Construction Corporation Limited ViewPurchaser Address
-Website
jharkhandtenders.gov.in
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