Urban Development Department Tender
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Urban Development Department - JUIDCO Tender
Works
Eprocure
Opening Date4 Feb 2025
Closing Date17 Feb 2025
Tender AmountINR 2,24,62,176 (USD 2,59,230)
AI Insights
AI Insights
Technical
Financial
Class Of Bidder
Suitable class
Bid Capacity
The bid capacity required in the given tender to bid can be calculated using the formula:
Assessed available Bid Capacity = 1.5 x A x N - B
Where,
A = Maximum Value of Civil Work executed in one Year within last three years (in Lac)
B = Work in hand (Amount of work that has to be done) - in Lac
N = Time of completion (in year) of the scheme.
Note that N can be 0.75 years if the time of completion is 09 months.
Additionally, the Minimum Financial Turnover in any one year should not be less than the value of work, during previous three financial years, with escalation factors applied:
- One year before: Multiply by 1
- Two years before: Multiply by 1.21
- Three years before: Multiply by 1.33
Technical Capacity
The bidder should have a work experience of at least three years, with a contract value similar to the current work. They should upload a "Work Experience Certificate (Last three year of Contract value)". The value of similar works completed is at least the value of the work, but the exact percentage of similar works completed is not mentioned. However, the bidder's minimum financial turnover in any one year should not be less than the value of the work.
Costs
EMD
INR 4,49,243 (USD 5,185)
Description
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Contact
Tender Id
2025_UDD_98127_1Tender No
UDD/NIT/BNP/PARK/RE/01/24-25 (4th Call)Tender Authority
Urban Development Department ViewPurchaser Address
-Website
http://juidco.jharkhand.gov.in/
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Documents
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