Water Resources Department Tender
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Water Resources Department - WRD Tender
Works
Eprocure
Opening Date4 Feb 2025
Closing Soon10 Feb 2025
Tender AmountINR 4,19,28,720 (USD 4,83,887)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender can be calculated using the formula: Assessed Available Bid Capacity = (A * N * 2 - B), where A = Maximum value of Civil Engineering works executed in any one year during the last five years, B = Value of existing commitments and on-going works to be completed during the period of completion of the projects, and N = The time period which varies from work to work.
The formulas for different completion periods are:
- If Completion period ≤ 6 months, N = 0.5, Bid capacity = A * 0.5 * 2 - B = A - B
- If 6 < Completion period ≤ 12 months, N = 1, Bid capacity = A * 1 * 2 - B = 2A - B
- If 12 < Completion period ≤ 18 months, N = 1.5, Bid capacity = A * 1.5 * 2 - B = 3A - B
- If 18 < Completion period ≤ 24 months, N = 2, Bid capacity = A * 2 * 2 - B = 4A - B
Each bidder should have submitted with his technical bid an undertaking that his available bid capacity, calculated as per the given formula, is more than the total value of his financial bid.
Technical Capacity
The bidder is required to have prior work experience in similar works, which can be as a Prime Contractor, in a Joint Venture, or as a Subcontractor. The bidder should have satisfactorily completed in the last seven years, one Bridge Work or Lining Work or Hydraulic Structure Work or Building Work or Mechanical Work or Electrical Works or Other Civil Works, as the work may be, of value not less than 80% of the estimated cost. Alternatively, they can have two similar works of value not less than 50% of the estimated cost of work, or three similar works of value not less than 40% of the estimated cost of work. The bidder should provide a list of similar works completed during the previous years, including the name of the work, estimated cost, date of start, and date of completion. They should also provide details of their experience in similar works, including the value and percentage of similar works completed. However, specific values and percentages are not mentioned, except that the bidder's available bid capacity should be more than the total value of their financial bid, and they should be able to invest a minimum of 25% of the contract value during the implementation of the work.
Costs
EMD
INR 8,38,574 (USD 9,678)
Description
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Contact
Tender Id
2025_WR_132869_2Tender No
42/24-ATender Authority
Water Resources Department ViewPurchaser Address
-Website
eproc.punjab.gov.in
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