Bridge And Roof Company India Limited Tender

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Bridge And Roof Company India Limited Tender

Works
Eprocure
Opening Date13 Jan 2025
Closing Soon7 Feb 2025
Tender Amount₹ 2,37,48,746 

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is 'Class-I local suppliers' or 'Class-II local suppliers'.
Bid Capacity
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To bid in the given tender, the bid capacity required is as follows: 1. The bidder should have successfully executed similar works with a value calculated using the formula: Current Cost = Actual Cost * (1 + 0.07)^n, where n is the number of years from the date of completion to the date of Bid opening. The bidder should fulfill one of the following experience criteria: - 03 similar completed/executed works each costing not less than Rs. 60.00 Lakhs - 02 similar completed/executed works each costing not less than Rs. 75.00 Lakhs - 01 similar completed/executed work costing not less than Rs. 120.00 Lakhs 2. The Average Annual Financial Turnover should not be less than Rs.45.00 Lakhs during the last 03 years. 3. Net worth should be positive during the last 3 years. Formulas and values for bid capacity: - Average Annual Financial Turnover: Not less than Rs.45.00 Lakhs - Net Worth: Should be positive - Similar Works experience: - 03 works, each not less than Rs. 60.00 Lakhs - OR 02 works, each not less than Rs. 75.00 Lakhs - OR 01 work, not less than Rs. 120.00 Lakhs - Cost of similar work calculation: Current Cost = Actual Cost * (1 + 0.07)^n Substantial completion for running job: 80% (value-wise) or more works completed under this contract for evaluation.
Technical Capacity
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The required prior work experience for the bidder is that they should have successfully executed "Similar Works" during the last 07 years. The experience criteria are as follows: i) 03 Similar completed/executed works each costing not less than Rs. 60.00 Lakhs ii) 02 Similar completed/executed works each costing not less than Rs. 75.00 Lakhs iii) 01 Similar completed/executed work costing not less than Rs. 120.00 Lakhs For running jobs, substantial completion shall be based on 80% (value-wise) or more works completed. The value of work executed shall be brought to the current costing level by enhancing the actual value of work at a simple rate of 7 percent per annum.

Costs

Summary

Bandr/71139/mech Work/pkg-vi/nit/sc/07

Description

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