Municipal Corporation Tender
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Financial
Bid Capacity
The bid capacity required in the given tender is ₹2,90,00,000. The tender fee is ₹15,000 and the Earnest Money Deposit (EMD) is ₹8,70,000. Additionally, a Solvency Certificate with a value of at least 20% of the tender value is required. The formula for the minimum solvency requirement is: Minimum Solvency Requirement = 0.20 * Tender Value. In this case, the Tender Value is ₹2,90,00,000, so the Solvency Certificate Value should be ≥ 0.20 * ₹2,90,00,000, which is ≥ ₹58,00,000.
Technical Capacity
The required prior work experience for the bidder is at least 5 years of similar work experience. The bidder should have completed at least 80% of the estimated tender value in one project, or 50% in two projects, or 30% in three projects. The estimated tender value is approximately 2 crores and 90 lakhs (29 million). Alternatively, the bidder should have completed similar works worth at least the estimated tender value, with a minimum of one similar work. Additionally, the bidder should submit a Solvency Certificate with a minimum value of 20% of the tender cost, and should have completed at least 20% of similar works.
Costs
EMD
₹ 8,70,000Document Cost
Refer DocumentsTender Fee
₹ 15,000
Description
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Contact
Tender Id
160486Tender No
JuMC/2/2024-25Tender Authority
Municipal Corporation ViewPurchaser Address
-Website
nprocure.com
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