Municipal Corporation Tender
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Technical
Technical
Financial
Class Of Bidder
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B Class
Bid Capacity
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To determine the bid capacity required, we look at specific values and formulas related to financial requirements. From the given information, we can extract the following relevant details:
- For a single work: 80% of the estimated cost = 0.8 * Estimated Cost
- For two works: 50% of the estimated cost = 0.5 * Estimated Cost
- For three works: 40% of the estimated cost = 0.4 * Estimated Cost
- Average annual turnover: 0.3 * Estimated Cost Given the estimated cost put to tender is Rs. 2,54,15,424, we can calculate:
- For a single work: 0.8 * 2,54,15,424 = Rs. 2,03,32,339.2
- For two works: 0.5 * 2,54,15,424 = Rs. 1,27,07,712
- For three works: 0.4 * 2,54,15,424 = Rs. 1,01,66,169.6
- Average annual turnover: 0.3 * 2,54,15,424 = Rs. 76,24,627.2 Therefore, the bid capacity required is:
- Minimum experience value: Rs. 1,01,66,169.6 (for three works) to Rs. 2,03,32,339.2 (for a single work)
- Minimum average annual turnover: Rs. 76,24,627.2 Additionally, other sources mention a Bid Security/EMD of Rs. 600,000/- and a penalty formula of 0.1% of the total contract value per week, up to 10% of the contract value. However, these do not provide a comprehensive calculation of bid capacity without the total contract value. Thus, the most relevant and directly related answer to the query, considering the provided context, would be the bid capacity calculations based on the estimated cost put to tender. The answer is: - Minimum experience value: Rs. 1,01,66,169.6 to Rs. 2,03,32,339.2
- Minimum average annual turnover: Rs. 76,24,627.2
Formulas:
- Single work: 0.8 * Estimated Cost
- Two works: 0.5 * Estimated Cost
- Three works: 0.4 * Estimated Cost
- Average annual turnover: 0.3 * Estimated Cost
Technical Capacity
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The bidder must have completed building construction works to be eligible. The amount of similar works completed should be at least 30% of the estimated cost put to tender. Additionally, the bidder should have experience of similar type of building construction work with a minimum value of 80% of the estimated cost put to tender for a single work, or 50% of the estimated cost for two works, or 40% of the estimated cost for three works carried out in the last seven years. The estimated cost put to tender is Rs. 2,54,15,424. The bidder must have completed building works during the last seven years. The bidder should provide a list of building works completed during the last seven years, with details such as the year of construction, name of the project, and total value of the work done, along with a certificate from the owners in support of the works completed. The work completed by the bidder with the Government or Semi-Government under the name of the bidder themselves shall be considered for evaluation. For building construction work, only the amount pertaining to building construction will be considered for evaluation. The bidder must provide clear bifurcation of all components like building, road, water supply, infrastructure, etc. The average annual financial turnover of at least 30% of the estimated cost put to tender during the last 3 years is also required. The bidder's project team should consist of persons with experience in specific disciplines, including a Senior Engineer with experience in building work. The bidder is required to provide information on the financial capacity, including the annual turnover for the last three years, and the price of the biggest building job carried out. The escalation factor shall be used to bring the value of such completed works to the level of the current financial year. The bidder should have achieved an average annual financial turnover of at least 30% of the estimated cost put to tender during the last 3 years, ending 31st March of the previous financial year. This should be duly certified by a Chartered Accountant. The bidder should provide a list of building works completed during the last seven years, with details such as the year of construction, name of the project, and total value of the work done. The bidder's experience in similar works is considered, with a requirement for a certificate from the owners in support of the works completed. The bidder should have experience in building works, and the bidder's financial capacity, experience in similar works, and ability to execute the works within the prescribed time limit are considered for the bid evaluation. The bidder should have completed works that are supported by a Certificate 3(A). The work completion means completed works only, and if the work is in progress, the bidder cannot consider that amount into the work completed. The bidder should provide information on the financial capacity, including the annual turnover for the last three years, and the price of the biggest building job carried out. The bidder's financial capacity statement should include the annual turnover, net worth, and net cash for the last three years, with figures taken from audited balance sheets. The bidder should have the ability to sustain a negative cash balance for at least 4 months. The bidder should provide a solvency certificate for an amount up to 15% of the estimated cost put to tender. The bidder's net worth, annual turnover, and net cash for the last three years should be provided, along with the audited balance sheets. The bidder should have the ability to execute the works within the prescribed time limit, and if failed, the work will be carried out at the risk and cost by other contractors with 15% supervision charges. The value of existing contracts and commitments should be provided, along with the stipulated period of completion remaining for each of the works listed. The bidder should provide a list of building works completed during the last seven years, with details such as the year of construction, name of the project, and total value of the work done, along with a certificate from the owners in support of the works completed. The bidder's financial capacity, experience in similar works, and ability to execute the works within the prescribed time limit are considered for the bid evaluation. The available bid capacity is calculated based on the average value of civil engineering works executed over the last five years, and the value of existing contracts and commitments. The bidder should have a solvency certificate for an amount up to 15% of the estimated cost put to tender. The bidder's experience in building works, financial capacity, and ability to execute the works within the prescribed time limit are considered for the bid evaluation. The bidder should provide a list of building works completed during the last seven years, with details such as the year of construction, name of the project, and total value of the work done, along with a certificate from the owners in support of the works completed. The bidder's financial capacity, experience in similar works, and ability to execute the works within the prescribed time limit are considered for the bid evaluation. The available
Costs
EMD
₹ 6,00,000Document Cost
Refer DocumentsTender Fee
₹ 10,000
Description
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Contact
Tender Id
150953Tender No
1042/2024-25Tender Authority
Municipal Corporation ViewPurchaser Address
-Website
http://https://vmc.gov.in/
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