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 Date24 Mar 2025
Tender Amount₹ 2,46,20,466.79 

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 Class B.
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 (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 is used to determine the available bid capacity of the bidder, which must be more than the total estimated cost of the works.
Technical Capacity
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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. This experience can be as a prime contractor, as a member of a joint venture, or as a nominated sub-contractor, with the sub-contractor having acquired experience in executing all major items of work under the proposed contract. The value of the similar work completed should be at least 40 percent of the value of the proposed contract. For example, if the proposed contract value is Rs. 100 Cr, 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 Rs. 40 Cr within the last five years. The bidder should also have achieved a minimum annual financial turnover, defined as billing for works in progress and completed in all classes of civil engineering construction works, of at least the annual value of the contract applied for in any one year over the last five years. However, no specific amount is mentioned for the annual financial turnover, but it should be equal to or more than the annual value of the contract or contracts applied for. The bidder needs to provide information on the quantities of work executed, including cement concrete, masonry, earthworks, and bituminous work, over the last five years, and the contract value (in Rs. Crore) and the stipulated period of completion for each project. In terms of specific values and percentages, the bidder should have completed works of a similar nature over the last five years, with a total value of civil engineering constructions performed in the last five years, but no specific amount is mentioned. The bidder's available bid capacity should be more than the evaluated bid price, but no specific percentage is mentioned for this. The bidder needs to provide a performance security for an amount equal to 5% of the contract price. Substantially completed works are those that are at least 90 percent completed as of the date of submission.

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