Municipal Corporation Tender
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Class Of Bidder
The class eligibility requirement to bid or participate in this tender is 100 Lacs & above class for electrical category.
Bid Capacity
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 period of completion of work for which bids are invited.
N = Number of years prescribed for completion of the works for which the bids are invited.
Additionally, the bid capacity should be at least equal to the evaluated bid price, i.e., Bid Capacity ≥ Evaluated Bid Price.
However, another aspect of bid capacity is related to the Performance Security and Additional Performance Security, which can be calculated based on the Contract Price and the Estimated Project Cost.
The Performance Security is 5% of the Contract Price.
The Additional Performance Security can be calculated using the following formulas:
(a) If the Contract Price is lower than 10% but up to 20% of the Estimated Project Cost, then the Additional Performance Security is 20% of the difference between (i) Estimated Project Cost - 10% of the Estimated Project Cost and (ii) Contract Price offered by the selected Bidder.
(b) If the Contract Price is lower than 20% of the Estimated Project Cost, then the Additional Performance Security is 30% of the difference between (i) Estimated Project Cost - 10% of the Estimated Project Cost and (ii) Contract Price offered by the selected Bidder.
Technical Capacity
The required prior work experience for the bidder includes having successfully completed similar works during the last 7 years, specifically in areas such as Cement Concrete, Masonry, Earth Works, and Bituminous Work. The bidder should have completed works of a similar nature with a value of at least Rs. Crore in the last seven years.
The bidder should have carried out single similar nature job works during the last 7 years with the following requirements:
- 40% of estimated amount with 3 works
- 50% of estimated amount with 2 works
- 80% of estimated amount with 1 work
Additionally, the bidder should have completed similar works, specifically "New/Maintenance works of outdoor / street lighting works" in Municipal Corporation, Central / State / PWD / M.E.S. / Semi Govt. and Big reputed PVT organizations, with values such as:
- Three similar completed works costing not less than 40% of the estimated cost (Rs. 80 Lakh)
- Two similar completed works costing not less than 50% of the estimated cost (Rs. 100 Lakh)
- One similar completed work costing not less than 80% of the estimated cost (Rs. 160 Lakh)
The bidder is also required to provide information on the quantities of work executed, including cement concrete, masonry, earthworks, and bituminous work, for the last five years. The average annual financial turn over during the last 3 years should be at least 30% of the estimated cost.
The bidder must have completed works with a value of at least one of the following:
- 40% of the estimated cost (Rs. 80 Lakh) with three similar completed works,
- 50% of the estimated cost (Rs. 100 Lakh) with two similar completed works,
- 80% of the estimated cost (Rs. 160 Lakh) with one similar completed work.
Copies of work orders and completion certificates from the concerned organizations are required to be submitted.
Costs
EMD
₹ 4,00,000Document Cost
Refer DocumentsTender Fee
₹ 10,000
Description
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Contact
Tender Id
150557Tender No
VMC/SLP/ARCQFM/NZ/2024-25Tender Authority
Municipal Corporation ViewPurchaser Address
-Website
https://vmc.gov.in/
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Documents
ARC Quota Fodwari North Zone 2024-25 .pdf
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