Municipal Corporation Tender

The class eligibility requirement to bid or participate in this tender is "B" class in AMC or PWD in Govt. R&B/CPWD/AMC or equivalent register with any other state Govt. or institutions.

To determine the bid capacity required, the following financial and experiential capacities are necessary: 1. Average Annual Financial Turnover: The average annual financial turnover should be at least 30% of the estimate put to tender, which is ≥ 0.3 * Estimate put to tender. Given the estimate is Rs. 2,00,00,000.00, the average annual financial turnover should be ≥ Rs. 60,00,000.00. 2. Experience of Work of Similar Nature: The bidder should have experience in similar work(s) with specific value requirements: - One similar completed work costing not less than 80% of the estimated tender cost: ≥ 0.8 * Estimate put to tender = ≥ Rs. 1,60,00,000.00 - Two similar completed works costing not less than 50% of the estimated tender cost: ≥ 0.5 * Estimate put to tender = ≥ Rs. 1,00,00,000.00 (each) - Three similar completed works costing not less than 40% of the estimated tender cost: ≥ 0.4 * Estimate put to tender = ≥ Rs. 80,00,000.00 (each) 3. Solvency Certificate: A solvency certificate for an amount equal to 20% of the estimated amount put to tender is required: ≥ 0.2 * Estimate put to tender = ≥ Rs. 40,00,000.00. 4. Earnest Money Deposit (Bid Security): The earnest money deposit should be 1% of the estimate put to tender: 0.01 * Estimate put to tender = Rs. 2,00,000.00. These requirements summarize the bid capacity needed to bid for the tender, focusing on financial turnover, experience in similar work, solvency, and earnest money deposit.