Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date8 Feb 2025
Closing Soon28 Feb 2025
Tender Amount₹ 2,04,20,573.2 

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is Class "B" & Sp. Cat-III (Road) or above.
Bid Capacity
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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 11 months N = Number of years prescribed for completion of the works for which the bids are invited.
Technical Capacity
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The required prior work experience for the bidder includes having experience in successfully completing or substantially completing at least one contract of similar works, such as road works, of at least 40 percent of the value of the proposed contract within the last five years. The works may have been executed by the applicant as prime contractor or as a member of a joint venture or as a nominated sub-contractor. 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, and continuing satisfactorily. The value of similar works completed should be at least 40 percent of the value of the proposed contract, and the percentage of completion for substantially completed works is 90%.

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Description

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