Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date17 Feb 2025
Closing Date1 Mar 2025
Tender Amount₹ 2,50,40,431.33 

AI Insights

Technical
Class Of Bidder
Bid Capacity
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Bid Capacity ≥ 0.25 * Contract Value Alternatively, Bid Security (EMD) = 0.01 * Estimated Amount put to bid / tender Note that other sources suggest the bid capacity required involves demonstrating a minimum annual financial turnover equal to the contract value and experience in completing contracts of similar value and nature, but the exact numerical value of the bid capacity required is dependent on the specific contract value and the bidder's previous experience and financial turnover.
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. Substantially completed works mean those works which are at least 90% completed, with a gross value of work done up to the last date of submission being 90% or more of the original contract price. The required prior work experience includes quantities of work executed as a prime contractor or as a nominated sub-contractor in the last five years, with details such as the name of the work, the name of the employer, and the quantity of work performed in various categories. The bidder should have achieved a minimum annual financial turnover of at least the annual value of the contract/contracts applied for in any one year over the last five years. The percentage of similar works completed is 90% for substantially completed works, and the value should be at least 40% of the proposed contract.

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