Municipal Corporation Tender

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Municipal Corporation Tender

Works
Hiring of Vehicles
Opening Date6 Feb 2025
Closing Date19 Feb 2025
Tender Amount₹ 3,50,00,000 

AI Insights

Technical
Class Of Bidder
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Class E-1
Bid Capacity
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There are two different bid capacity requirements mentioned: 1. Bid Capacity: 3,50,00,000/- (Three Crore Fifty Lakh Rupees) No explicit formula is mentioned for this bid capacity. 2. Bid Capacity: 52,50,000/- (Fifty-Two Lakh Fifty Thousand Rupees) Formula for calculating the bid capacity: Bid Capacity = 15% of Tender Value = 0.15 x Tender Value = 0.15 x Rs. (Tender Value) = Rs. 52,50,000/- Note: The tender value is not explicitly mentioned for the first bid capacity, but for the second, it is implied to be Rs. (Tender Value) = 52,50,000/- / 0.15 = 3,50,00,000/-.
Technical Capacity
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The required prior work experience for the bidder is not explicitly mentioned. However, it is stated that the bidder with a higher average financial turnover of the last 3 years will be considered for the work, with a mentioned value of 3,50,00,000/-. No specific percentage of similar works completed is mentioned, although a percentage value of 1% is mentioned, but its relation to similar works completed is unclear.

Costs

Description

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