Uttar Pradesh Projects Corporation Limited Tender
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AI Insights
Technical
Technical
Bid Capacity
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Bidding Capacity = {[AxNx2.5]-B} Where, A = Maximum turnover in construction works executed in any one year during the last seven years N = Number of years prescribed for completion of work for which bids have been invited. B = Value of existing commitments and ongoing works to be completed during the period of completion of work for which bids have been invited. Additionally, the tender document mentions that the bidder should have:
- Average annual financial turnover during the last 5 years ending 31st March of the previous financial year, which should be at least 30% of the estimated cost.
- Solvency of 40% of the estimated cost. It also outlines specific experience requirements in terms of similar works completed, which include:
- Three similar completed works costing not less than 40% of the estimated cost.
- Two similar completed works costing not less than 50% of the estimated cost.
- One similar completed work costing not less than 80% of the estimated cost. However, the exact value of the tendered cost or estimated cost is required to calculate the bid capacity. Given one instance where the estimated cost of the work is Rs. 385.71 lac, we can calculate some requirements but not the bid capacity directly without the specific values for A, N, and B in the formula. Thus, the bid capacity formula is provided but the values to calculate it are not fully specified in the given context.
Technical Capacity
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The required prior work experience for the bidder includes completion of similar works in the last 7 years. The specific requirements are:
- Three similar completed works costing not less than 40% of the estimated cost.
- Two similar completed works costing not less than 50% of the estimated cost.
- One similar completed work costing not less than 80% of the estimated cost.
Additionally, the bidder should have experience of similar work, which includes:
- Completion of balance construction work of one building, with a minimum of one building of eight story, or completion of balance construction work of one building, or completion of balance construction work of one building with structural work up to a minimum of ten story.
- One work of any nature, either part of the above or a separate one, costing not less than 40% of the tendered cost.
For specific works like Metallic Roofing work and Water proofing work, the bidder should have:
- Three similar works each costing not less than 40% of the cost of the job in the tender, - Two similar works each costing not less than 50% of the cost of the job in the tender, - One similar work costing not less than 80% of the cost of the job in the tender.
The value of executed works shall be brought to the current costing level by enhancing the actual value of work at a specified rate, with escalation/enhance factors ranging from 1.00 to 1.42 for different financial years.
The bidder should also have an average annual financial turnover of at least 30% of the estimated cost during the last five years, with no loss in more than two years, and solvency of 40% of the estimated cost.
Costs
EMD
INR 7,71,000 (USD 8,898)
Description
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Contact
Tender Id
2025_UPPRC_1002757_1Tender No
67/GM-5/UPPCL/2024-25Tender Authority
Uttar Pradesh Projects Corporation Limited ViewPurchaser Address
-Website
http://http://upprojects.org/