Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date4 Mar 2025
Closing Soon19 Mar 2025
Tender Amount₹ 3,83,19,318.36 

AI Insights

Technical
Financial
Additional Eligibility
Class Of Bidder
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Class 'A' & Above.
Bid Capacity
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The bid capacity required in the given tender to bid can be determined 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 B = Value at current price level of the existing commitments and ongoing works to be completed during the next 9 Months. N = Number of years prescribed for completion of the works for which the bids are invited. Additionally, the qualification criteria provide requirements for bidders, including: - Financial Capacity: Ability to demonstrate an annual financial turnover equal to or greater than the contract value in any of the last five years. - Experience Capacity: Completion of at least one contract of similar nature with a value of at least 40% of the proposed contract within the last five years. - Personnel and Equipment Capacity: Adequate personnel and equipment as specified to complete the contract according to the construction schedule. However, a specific bid capacity formula directly applicable to all bidders is not explicitly provided. But Bid Security (EMD) is equal to 1% of Estimated Amount put to bid / tender and should be rounded off to the next thousand rupees. So, the formula for Bid capacity required is: Bid Security (EMD) = 1% of Estimated Amount = (1/100) * Estimated Amount = 0.01 * Estimated Amount This value should be rounded off to the next thousand rupees.
Technical Capacity
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The required prior work experience for the bidder is 5 years, with the bidder having completed works of a similar nature. The work performed as a prime contractor or as a nominated sub-contractor will be considered. The bidder should have completed similar works with a value, and specific values are mentioned for different scenarios: - Two graduate Civil Engineers and three diploma Civil Engineers when the cost of the work to be executed is more than Rs.50 lakhs. - One graduate & two Diploma, Civil Engineers when the cost of the work to be executed is more than Rs.15 lakhs but less than Rs.50 lakhs. - Minimum one Diploma Civil Engineer when the cost of work is less than Rs.15 lakhs but more than Rs.5 lakhs. - Minimum two Diploma Civil Engineers for the work when the cost of work to be executed is less than Rs. 5 lakhs. The bidder should have achieved a minimum annual financial turnover of the annual value of the contract applied for in any one year over the last five years. Additionally, the bidder should have 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 should be at least 90 percent completed. For substantially completed works, the bidder should have completed at least 90% of the original contract price. The bidder should also have access to liquid assets or credit facilities up to 25 percent of the value of the contract. In joint ventures, the lead partner should 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. The bidder's firm would invest a minimum cash up to 25% of the value of the work during implementation of the contract.

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