Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date25 Jan 2025
Closing Date13 Feb 2025
Tender Amount₹ 2,00,99,079.61 

AI Insights

Technical
Financial
Class Of Bidder
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) 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 6 Months (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 available bid capacity should be greater than or equal to the evaluated bid price: Available Bid Capacity ≥ Evaluated Bid Price However, no specific value for the bid capacity is mentioned.
Technical Capacity
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The required prior work experience for the bidder includes providing information on past work experience, equipment availability, key personnel, and financial resources. The bidder needs to provide information on the quantities of work executed as a prime contractor or as a nominated sub-contractor in the past five years. 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/contracts applied for. 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 value of similar works completed is mentioned as Rs. 20099079.61. However, the percentage of similar works completed is not mentioned. The bidder is required to invest a minimum cash amount of up to 25% of the value of the work during implementation of the contract and provide a solvency certificate of 20% of the amount put to tender of the current calendar year. Substantially completed works mean those works which are at least 90% completed. The bidder should submit a certificate from the employer incorporating the name of the work, contract value, billing amount, date of commencement of works, and satisfactory performance of the contractor.

Costs

Description

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