Municipality Tender

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Municipality Tender

Works
Civil And Construction
Road Construction
Electrical and Electronics
Electrical Works
Opening Date27 Jan 2025
Closing Date12 Feb 2025
Tender Amount₹ 5,18,09,003 

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement is not explicitly stated, but bidders should have a registration certificate of an appropriate class, which may include categories such as Class I, Class II, Class III, etc.
Bid Capacity
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The bid capacity required in the given tender to bid is calculated using the formula: Assessed Available Bid Capacity = (A*N*2-B) Where: A = Maximum value of work executed in any one year during the last five years, taking into account the completed as well as works in Progress. B = Value at current price level of the existing commitments and ongoing works to be completed during the next period of completion of work for which bids are invited. N = Number of years prescribed for completion of the works for which the bids are invited. This formula indicates that the bid capacity is dependent on the bidder's past experience, current commitments, and the duration of the project they are bidding for. The bidder's available bid capacity at the expected time of bidding should be more than the total estimated cost of the works to be qualified.
Technical Capacity
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The required prior work experience for the bidder includes work performed as a prime contractor or as a nominated sub-contractor over the last five years and in the current year before the submission of the bid. The bidder should have experience in works of a similar nature. The information on the value and percentage of similar works completed is required to be provided in the bid documents, including the value of contracts and the quantity of work performed for various types of work. However, specific values and percentages are not 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 gross value of work done should be 90% or more of the original contract price. Additionally, the bidder should have achieved a minimum annual financial turnover in any one year, over the last five years, of the annual value of the contract or contracts applied for.

Costs

Description

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Past Bidders
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