WAPCOS Limited Tender

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WAPCOS Limited - WAPCOS Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date17 Feb 2025
Closing Date10 Mar 2025
Tender AmountINR 2,07,21,652 (USD 2,39,624)
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AI Insights

Bid Capacity
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The bid capacity required in the given tender to bid can be calculated using the formula: Assessed available Bid Capacity = (A*N*1.5-B) Where: A = Maximum value of works in respect of projects executed in any one year during the last five years (updated to the price level of the year indicated in the table) N = Number of years prescribed for completion of work for which Bid is invited B = Value (updated to the price level of the year indicated in the table) of existing commitments and on-going works to be completed during the period of completion of the works for which BID is invited. Alternatively, the bid capacity required can also be calculated as 30% of the estimated cost of the work or the PAC value. Bid Capacity = 30% of PAC or Estimated Cost of Work = 0.3 * PAC or Estimated Cost of Work Given PAC value: Bid Capacity = 0.3 * 62,16,495.657 Bid Capacity = Rs. 18,64,948.697 (approximately) Given Estimated Cost of Work: Bid Capacity = 0.3 * (2,07,21,652.19 + GST) However, the exact bid capacity required may vary based on the specific values of A, B, N, PAC, or Estimated Cost of Work.
Technical Capacity
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The required prior work experience for the bidder includes satisfactorily completing similar works during the last seven years ending the previous day of the last date of submission of the tender. The similar work experience refers to the Construction of Building including Civil, Plumbing & Electrical Work. The required prior work experience for the bidder is as follows: - One similar completed work costing not less than the amount equal to Rs.1,65,77,321.75/- (80% of PAC) - Or Two similar completed works costing not less than the amount equal to Rs.1,03,60,826.10/- (50% of PAC) - Or Three similar completed works costing not less than the amount equal to Rs.82,88,660.876/- (40% of PAC) The value of similar completed works will be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum, calculated from the date of completion to the last date of submission of bids. A copy of the completion certificate signed by an Engineer not below the rank of Executive Engineer or equivalent needs to be enclosed. Additionally, the bidder needs to submit details of all work completed in Form-I, and the available Bid Capacity is calculated based on the bidder's assessed available capacity, which takes into account the bidder's past experience and current commitments. The formula for calculating the available Bid Capacity is Assessed available Bid Capacity =(A*N*1.5-B), where A and B are not defined, but N is likely related to the bidder's past experience. The value and percentage of similar works completed are explicitly mentioned as 80% of PAC for one work, 50% of PAC for two works, and 40% of PAC for three works, with the respective amounts being Rs.1,65,77,321.75, Rs.1,03,60,826.10, and Rs.82,88,660.876.

Costs

  • EMD

    INR 1,00,000 (USD 1,156)

Summary

Construction Of Building For Vellayil Police

Description

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