Gujarat Maritime Board Tender

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Gujarat Maritime Board - GMB Tender

Works
Civil And Construction
Building Construction
Opening Date15 Mar 2025
Closing Date15 Apr 2025
Tender Amount₹ 4,45,33,055.84 

AI Insights

Technical
Financial
Additional Eligibility
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*2-B) Where: A = Maximum value of work executed in any one year during the last five years B = Value at current price level of the existing commitments and ongoing works to be completed during the next twenty four Months N = Number of years prescribed for completion of the works for which the bids are invited (i.e., Two years). However, the total estimated cost of the works should be less than the available bid capacity for the bidder to be qualified, and the available bid capacity should be greater than or equal to the evaluated bid price. The total estimated cost of the works can be calculated as the sum of (Quantity * Rate) for each item in the Bill of Quantities, which is approximately 3,992,248.70. Available bid capacity should be greater than or equal to the evaluated bid price.
Technical Capacity
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The bidder is required to have prior work experience in civil engineering constructions, specifically in Construction of building work, highway (road and/or bridge works), or airport runway. The required prior work experience includes: - Similar work experience of at least one similar work of 40% of the amount put to tender, which is Rs. 1,78,13,230/-. - Experience in successfully completing or substantially completing at least one contract of civil engineering construction works of at least 40 percent of the value of the proposed contract within the last five years. - Experience in successfully completing or substantially completing at least one contract of highway (road and/or bridge works) or airport runway of at least 40 percent of the value of the proposed contract within the last five years. - Experience of executing airport runway works (and/or bridge works) with a value of at least 40 percent of the proposed contract within the last five years. The value of the proposed contract is approximately Rs. 4.46 crores. The bidder should have completed at least 40% of this amount in similar work, which is Rs. 1,78,13,230/-. The works are considered substantially completed if they are at least 90% completed. The bidder should also have achieved a minimum annual financial turnover of the annual value of the contract applied for in any one year over the last five years (2019-20 to 2023-24).

Costs

Description

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