Municipal Corporation Tender

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Municipal Corporation Tender

Works
Civil And Construction
Road Construction
Opening Date31 Jan 2025
Closing Date17 Feb 2025
Tender Amount₹ 6,76,97,110.97 
Notes
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Class Of Bidder
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The class eligibility requirement for bidders is Register “A” Class in PWD.
Bid Capacity
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To determine the bid capacity required, specific financial criteria must be met. The average annual financial turnover during the last 3 years should be at least 30% of the estimate put to tender for this work. Additionally, experience in similar work is required, with options including a single work of 80% of the estimate, two works of 50%, or three works of 40%. A solvency certificate for an amount equal to 20% of the estimated amount put to tender is also necessary. However, a direct bid capacity value or a specific formula to calculate it is not provided.
Technical Capacity
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The bidder should have experience of work of similar nature during the last 7 years. The experience criteria are as follows: A) Single work of 80% of the Estimate put to tender, B) Two works of 50% of the Estimate Put to Tender, or C) Three works of 40% of the Estimate put to tender. Additionally, the average annual financial turnover during the last 3 years should be at least 30% of the estimate put to tender for this work.

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