Municipal Corporation Tender
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Bid Capacity
The bid capacity required in the given tender to bid can be calculated using the formula:
Assessed Available Bid Capacity = (A x N x 2.0 – B)
Where:
A = Max. value of annual turnover of Civil engineering works executed in any one year during the last three years (updated 2024-25 price level)
N = No. of years prescribed for completion of the works for which bids are invited (Four months)
B = Value of 2024-25 price level of existing commitments and ongoing works to be completed during the next one year (Period of completion of works bids are invited)
Additionally, the qualification criteria for bid capacity include:
- Average Annual financial turnover during the last 3 years, ending 31st March of the previous financial year, should be at least 30% of the estimated cost.
- Experience of having successfully completed similar works during last 7 years ending last day of month previous to the one in which applications are invited should be either of the following:
A. Three similar completed works costing not less than the amount equal to 40% of the estimated cost.
OR
B. Two similar completed works costing not less than the amount equal to 50% of the estimated cost.
OR
C. One similar completed work costing not less than the amount equal to 80% of the estimated cost.
- The Bidder must have experience of RCC work of min. Qty of 519.0 Cu.mt. In total, in max. three competed works in last seven years.
Formulas for calculating the cost of works executed in previous years are also provided, with enhancement factors for different years:
- Base Year (24-25): 1.00
- Last One (23-24): 1.10
- Last Two (22-23): 1.21
- Last Three (21-22): 1.33
- Last Fourth (20-21): 1.46
- Last Fifth (19-20): 1.61
- Last Six (18-19): 1.77
- Last Seven (17-18): 1.94
These factors are used to adjust the costs of works executed in previous years to a common base value.
Technical Capacity
The required prior work experience for the bidder includes:
- Project Manager: 10 years of total experience, with 7 years of experience in similar works.
- Construction Engineer: 5 years of total experience, with 2 years of experience in similar works.
- Surveyor: 5 years of total experience, with 3 years of experience in similar works.
- QA/QC Engineer: 5 years of total experience, with 3 years of experience in similar works.
- Safety Engineer: 3 years of total experience, with 2 years of experience in similar works.
- Supervisor: 3 years of total experience, with 2 years of experience in similar works.
The bidder should have completed similar works with a value, but specific values and percentages for similar works are not provided. However, the bidder should have a cumulative annual turnover of civil engineering works for the last three years.
The bidder is required to have prior work experience as a prime contractor or as a nominated sub-contractor, where the sub-contract involved execution of all main items of work described in the bid documents, with experience in works of a similar nature over the last five years and in the current year before the submission of the bid.
The bidder needs to provide information on the total value of civil engineering construction work performed in the last seven years, with specific values for each year.
For works performed as a prime contractor or sub-contractor, the bidder should provide details including project name, name of the employer, description of work, contract number, value of contract, date of issue of work order, stipulated period of completion, actual date of completion, and remarks explaining reasons for delay and work completed.
The bidder should also submit a list of ongoing works, including the name of the work, work order amount, date of work order, date of completion, percentage of work completed, and reason for delay.
The bidder should have completed works of a similar nature with a minimum of 90% completion of works for substantially completed projects.
The bidder must have experience of RCC work of a minimum quantity of 519.0 Cu.mt. in total, in a maximum of three completed works in the last seven years.
The bidder's available bid capacity should be more than the total estimated cost of the works, calculated based on the maximum value of work executed in any one year during the last five years and the value of existing commitments and ongoing works.
In terms of financial requirements, the bidder should have access to liquid assets or credit facilities of 25 percent of the value of the contract.
The bidder would invest a minimum cash up to 25% of the value of the work during implementation of the contract.
Costs
EMD
₹ 9,52,650Document Cost
Refer DocumentsTender Fee
₹ 10,000
Description
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Contact
Tender Id
151862Tender No
1071/2024-2025Tender Authority
Municipal Corporation ViewPurchaser Address
-Website
https://vmc.gov.in/
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Documents
01.PLAN OF KAILASH PARTY PLOT TO PADRA ROAD.pdf
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