Veer Narmad South Gujarat University Tender

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Veer Narmad South Gujarat University - VNSGU Tender

Works
Civil And Construction
Building Construction
Opening Date10 Feb 2025
Closing Date11 Mar 2025
Tender AmountINR 5,42,37,288.51 (USD 6,19,347)

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is "A" Class & Above.
Bid Capacity
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Assessed Available Bid Capacity = (2*A*N-B) Where: A = Maximum value of work executed in any one year during the last five years B = Value at current price level of the existing commitments and ongoing works to be completed during the next 12 months. N = Number of years prescribed for completion of the works for which the bids are invited, which is 12 months in this case.
Technical Capacity
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The required prior work experience for the bidder includes having experience as a prime contractor, with details on quantities of work executed in various categories such as cement concrete, masonry, earthworks, and bituminous work for the years 2019-2020 to 2023-2024. The bidder should have achieved a minimum annual financial turnover of the annual value of the contract applied for in any one year over the last five years. Additionally, the bidder should have experience in successfully completing or substantially completing at least one contract of civil construction works of 40% the value of the proposed contract within the last five years. Substantially completed works should be at least 90% completed, with a gross value of work done being 90% or more of the original contract price. The value and percentage of similar works completed are not explicitly mentioned, but the bidder is required to provide quantities of work performed in various categories. However, it is mentioned that substantially completed works should be at least 90% completed, with a gross value of work done being 90% or more of the original contract price. The bidder should also have experience in similar works, with the lead partner in a joint venture meeting not less than 50% of all criteria, and the joint venture collectively satisfying certain criteria. The experience of other joint venture partners shall be considered if it is not less than 30% of the qualifying criteria. The bidder should also have access to or have available liquid assets (aggregate of working capital, cash in hand, and uncommitted bank guarantees) and/or credit facilities up to 25% of the value of the contract/contracts applied. The bidder's available bid capacity at the expected time of bidding should be more than the total estimated cost of the works. The required class for the bidder is "A" Class & Above.

Costs

  • EMD

    INR 5,42,500 (USD 6,195)

Description

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