Project Implementation Unit Tender

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Project Implementation Unit Tender

Works
Civil And Construction
Building Construction
Opening Date1 Mar 2025
Closing Date17 Mar 2025
Tender Amount₹ 5,39,34,459 

AI Insights

Technical
Financial
Additional Eligibility
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is A Class with Special Category – II (Building)/water resources Department of Govt. of Gujarat, or more specifically, "A" Class & Above with Special Category- II.
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 (updated to the price level of the year indicated in appendix) 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. Additionally, the qualification criteria include having an annual turnover of more than Rs. 5.39 Cr in any one year of the last five financial years, and experience in successfully completing or substantially completing at least one contract of highway (road and/or bridge works) or airport runway of at least 40 percent of the value of the proposed contract within the last five years. The updated turnover can be calculated using the formula: Updated Turnover = (Actual Turnover x Enhancement Factor) Where: - Actual Turnover is the bidder's actual turnover for a given financial year. - Enhancement Factor is the factor corresponding to that financial year. The enhancement factors are provided for each financial year from 2017-2018 to 2024-2025. However, specific details such as the values of R, Pi, P0, Bi, B0, Fi, F0, Mi, and M0 used in the price adjustment formulas are not explicitly given. The bid capacity required also relates to the price adjustment formulas for various components such as labor, cement, steel, and bitumen, with given percentages for each component: 1. Labour - Pl = 44.57% 2. Cement - Pc = 9.27% 3. Steel - Ps = 1.96% 4. Bitumen - Pb = 0.0% 5. POL - Pf = 2.73% Formulas for price adjustment are provided for steel, bitumen, POL, plant and machinery spares, and local materials. Given the complexity and the specific requirements outlined, it appears that the bid capacity is multifaceted and dependent on various factors including financial capacity, experience, and the ability to adjust prices according to the provided formulas.
Technical Capacity
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The required prior work experience for the bidder includes having experience in successfully completing or substantially completing at least one contract of highway (road and/or bridge works) or airport runway of at least 40 percent of the value of the proposed contract within the last five years. The works may have been executed by the applicant as prime contractor or as a member of a joint venture or as a nominated sub-contractor. Substantially completed works mean those works which are at least 90 percent completed. The values and percentages mentioned are: - 40 percent of the value of the proposed contract - 90% completion of substantially completed works - 50 percent of all criteria for the lead partner in a joint venture - 30 percent of the qualifying criteria for other joint venture partners - 25 percent of the value of the contract/contracts applied for liquid assets and/or credit facilities. Additionally, the annual turnover of any one year of the last five financial years from the current financial year should be more than Rs. 5.39 crore. The bidder should also have registration in R&B Department Registered in A Class with Special Category – II (Building)/water resources Department of Govt. of Gujarat. For joint ventures, the lead partner shall meet not less than 50 percent of all criteria, and the joint venture must collectively satisfy the criteria. The experience of the other joint venture partners shall be considered if it is not less than 30 percent of the qualifying criteria. A Solvency Certificate of an amount of 20% of the estimated cost is required, but this is related to the bidder's financial capability rather than prior work experience.

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