Municipal Corporation Tender

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Municipal Corporation Tender

Works
Civil And Construction
Pipe Line Project
Opening Date17 May 2025
Closing Soon27 May 2025
Tender Amount₹ 2,02,00,000 
Notes
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AI Insights

Class Of Bidder
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The eligible class required by a bidder to participate in the tender is "B" and Above.
Bid Capacity
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The formula for bid capacity is: Assessed Available Bid Capacity = (A*N*2-B), where A = Maximum value of work executed in any one year during the last five years, B = Value at current price level of the existing commitments and ongoing works to be completed during the next period of completion of work, and N = Number of years prescribed for completion of the works for which the bids are invited.
Technical Capacity
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The bidder is required to have prior work experience in similar works, including experience as a prime contractor, nominated sub-contractor, or member of a joint venture. The experience should be in similar work, with details to be provided, including quantities of work executed, such as Cement Concrete, Masonry, Earth Works, and Bituminous Work. The bidder should have completed similar works, with values and percentages to be mentioned. However, no specific percentage of similar works completed is mentioned, except that substantially completed works should be at least 90% completed. The bidder should have experience in successfully completing or substantially completing at least one contract of highway or airport runway of at least 40 percent of the value of the proposed contract within the last five years. The bidder should also have a minimum cash investment of up to 25% of the value of the work during implementation of the contract and access to or have available liquid assets of up to 25 percent of the value of the contract. For joint ventures, the lead partner must meet not less than 50 percent of all criteria, while other joint venture partners' experience shall be considered if it is not less than 30 percent of the qualifying criteria. A certificate from the employers shall be submitted along with the application, incorporating relevant information such as the name of the work, contract value, billing amount, date of commencement of works, and satisfactory performance of the contractor.

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