Water Resources Department Tender

Bidders must belong to "B" Class to participate.

The bid capacity required in the given tender is related to the cost of bitumen and is calculated using the formula: Vb = 0.85 x Pb/100 x R x (B1-B0)/B0. Additionally, the tender has specific requirements for annual turnover, satisfactory completion of similar work, and credit facilities. The annual turnover requirement is: Estimated annualized cost of tender * 1.5. The satisfactory completion of similar work requires the bidder to have completed at least 80% of the original contract value as a prime contractor during the last five years, with a minimum quantity of critical items like Wet Mix Macadam, Bituminous Macadam, and Semi-dense Bituminous concrete being 40% of the estimated annual quantity of execution. The credit facility requirement is: Rs. 6.00 Crores (not less than 20% of the amount put to tender) from any scheduled commercial bank. The bid capacity is also related to the percentage difference between the bid amount and the estimated cost, with specific formulas provided for calculating the additional performance security: 1. Below 5%, No Additional Performance Security 2. From 5% and above and below 10%, 50% of (Difference between estimated cost put to tender and Bid Amount) 3. From 10% and above, 150% of (Difference between estimated cost put to tender and Bid Amount) The Earnest Money Deposit (EMD) is 1% of the amount put to tender. Therefore, the bid capacity required in the given tender to bid having value and formulas is found, and the relevant information is provided above.