Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Bridge Construction
Opening Date28 Jan 2025
Closing Date17 Feb 2025
Tender Amount₹ 6,22,18,967.53 

AI Insights

Technical
Financial
Class Of Bidder
Bid Capacity
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The bid capacity required in the given tender to bid can be 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 B = Value at current price level of the existing commitments and ongoing works to be completed during the next 15 months N = Number of years prescribed for completion of the works for which the bids are invited. Alternatively, the bid capacity required is also mentioned as 1% of the Estimated Amount put to bid/tender. Another possible calculation for available bid capacity is: Available bid capacity = (Total capacity) - (Value of Works* remaining to be completed) However, the most specific formula provided is: Assessed Available Bid Capacity = (A*N*2-B) And the other specific value provided is: 1% of the Estimated Amount put to bid/tender.
Technical Capacity
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The bidder is required to have prior work experience as a prime contractor or nominated sub-contractor in the past five years. The quantities of work executed during this period will be considered, provided the sub-contract involved execution of all main items of work described in the bid document. Specifically, the bidder needs to provide information on the quantities of work performed in categories such as Cement Concrete, Masonry, Earth Works, and Bituminous Work. They should also provide details of the works completed, including the contract reference number, and the value of the works performed. The bidder should have experience in successfully completing or substantially completing at least one contract of similar works of at least 40 percent of the value of the proposed contract within the last five years. Substantially completed works mean those works which are at least 90% completed. The bidder needs to invest a minimum cash up to 25% of the value of the work during implementation of the contract. They should have a minimum annual financial turnover of Rs. 1416.88 lacs in any one year over the last five years. Additionally, the bidder should have experience in executing works of a certain value, with specific requirements for the number of graduate and diploma Civil Engineers based on the value of the works. The value of contracts completed should be provided in Rs. Crore, and the total value of civil engineering constructions performed in the last five years should be provided for each year. No specific percentage of similar works completed is mentioned, except that the bidder should have experience in works of a similar nature, and substantially completed works should be at least 90% completed.

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