Works Department Tender

The class eligibility requirement to bid or participate in this tender is 'A' & Special Class for certain projects, and 'B' & 'A' Class for others.

The bid capacity required in the given tender is calculated using the following formula: Assessed Available Bid Capacity = (A*N*2 - B) Where: A = Maximum value of works executed in any one year during the last five years (updated to the current price level) B = Value at current price level of the existing commitments and ongoing works to be completed during the time period stipulated in the contract data N = Number of years prescribed for completion of the works for which bids are invited Additionally, the escalation factor to be used for the costs of works executed and the financial figures to a common base value for works completed in India is provided, with a base year for calculation of 2024-25. The applicant should indicate actual figures of costs and amounts for the work executed by them without accounting for the above-mentioned factors. In case the financial figures and value of completed works are in foreign currency, the current market exchange rate will be applied for the purpose of conversion of amount in foreign currency into Indian rupees. The information on Existing Commitments as on the date of this bid is to be furnished as per the format in Schedule –G. Total value of Civil Engineering construction work performed in the last five years are to be furnished for which certificate from Chartered Accountant is to be furnished. The bid capacity required in the given tender to bid is the total value of Civil Engineering construction work performed in the last five years with a certificate from a chartered Accountant. Additionally, a statement showing the value of existing commitments and ongoing works till the stipulated period of completion is required in Scheduled –G. However, another part of the information suggests that no specific formula is mentioned for calculating the bid capacity, but rather the total value of Civil Engineering construction work performed in the last five years with a certificate from a chartered Accountant, and a statement showing the value of existing commitments and ongoing works till the stipulated period of completion in Scheduled –G are required. Given the conflicting information, the most accurate formula provided is: Assessed Available Bid Capacity = (A*N*2 - B) Where: A = Maximum value of works executed in any one year during the last five years (updated to the current price level) B = Value at current price level of the existing commitments and ongoing works to be completed during the time period stipulated in the contract data N = Number of years prescribed for completion of the works for which bids are invited