Uttar Pradesh Projects Corporation Limited Tender
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AI Insights
Technical
Technical
Financial
Bid Capacity
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To determine the bid capacity required, we look at the provided formula: Bidding Capacity = {[AxNx2.5]-B}. Here, A represents the maximum turnover in construction works executed in any one year during the last seven years, N is the number of years prescribed for completion of the work, and B is the value of existing commitments and ongoing works to be completed during the period of completion of the work for which bids have been invited. Given the specific requirements for eligibility, including the completion of similar works with certain cost thresholds, the calculation of bid capacity directly depends on the contractor's past performance and current commitments. The formula provided suggests a direct relationship between the bidding capacity, the contractor's past turnover, the duration of the project, and the existing commitments. However, without specific values for A, N, and B, we cannot calculate the exact bidding capacity required for the tender. The information about the estimated cost of the work, earnest money, performance guarantee, and security deposit provides context but does not directly contribute to calculating the bidding capacity using the given formula. Therefore, the bid capacity required in the given tender, including its value and formulas, is directly related to the formula Bidding Capacity = {[AxNx2.5]-B}, but without specific values for the variables, the exact bid capacity cannot be determined.
Technical Capacity
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The bidder should have experience in similar class of works completed. The required experience includes completing at least two similar works, one of which should be of a value not less than 40% of the tendered cost. For specialized works such as Pile work, Aluminum work, Steel Structure Work, Metallic Roofing work, and Water proofing work, the bidder should have completed:
- Three similar works each costing not less than 40% of the cost of the current job, - Or two similar works each costing not less than 50% of the cost of the current job, - Or one similar work costing not less than 80% of the cost of the current job. The bidder should also have an average annual financial turnover of at least 30% of the tendered cost, with a specified estimated cost of Rs. 500.92 lakh, resulting in a required average annual financial turnover of at least Rs. 150.28 lakh. Additionally, the definition of similar work includes the number of stories in the building, with specific requirements for different story ranges, such as:
- For up to four-story buildings, there is no binding
- For five to ten story buildings, the bidder should have completed at least one building of five stories
- For eleven to fifteen story buildings, the bidder should have completed at least one building of eight stories
- For more than fifteen story buildings, the bidder should have completed at least one building of ten stories. The bidder is also required to fill out Form C, providing details of all works of similar nature completed during the last seven years. The bidding capacity of the contractor should be equal to or more than the estimated cost of the work put to tender, calculated using a specified formula. The solvency required would be 40% of the estimated cost, certified by their bankers, which is Rs. 200.37 lakh for this work.
Costs
EMD
INR 10,02,000 (USD 11,564)
Description
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Contact
Tender Id
2025_UPPRC_1002751_1Tender No
65/GM-5/UPPCL/2024-25Tender Authority
Uttar Pradesh Projects Corporation Limited ViewPurchaser Address
-Website
http://http://upprojects.org/
Documents