Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Building Construction
Opening Date27 Jan 2025
Closing Date10 Feb 2025
Tender Amount₹ 2,48,19,713.8 

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is not consistently specified, with varying requirements mentioned, including "Registration Certificate of Appropriate Class and Category of Approved Contractors" without a specific class, Class "B" with a Special Category, and "B" Class & Above with registration requirements. However, the most specific and detailed requirements mentioned are Class "B" and "B" Class & Above.
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 is the maximum value of work executed in any one year during the last five years, B is the value of existing commitments and ongoing works, and N is the number of years prescribed for completion of the works. Additionally, the bid capacity required includes various factors such as existing commitments and ongoing works, availability of key items of contractors' equipment, qualifications and experience of key personnel, annual financial turnover, experience in successfully completing contracts, equipment capabilities, financial reports, and evidence of access to financial resources. The bidder must also demonstrate having experience and resources sufficient to meet the aggregate of the qualification criteria for each contract, and must invest a minimum cash up to 25% of the value of the work during implementation of the contract. Other formulas mentioned include those for price adjustment for labor, cement, steel, and bitumen components, such as VL = 0.85 x (Pl/100) x R x (Li – L0)/L0 for labor component, and similar formulas for other components. However, specific details and thresholds for calculating the bid capacity based on financial and technical requirements are not directly provided, making it difficult to determine a precise bid capacity required.
Technical Capacity
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The required prior work experience for the bidder includes work performed as a prime contractor or as a nominated sub-contractor, provided the sub-contract involved execution of all main items of work described in the bid document. The bidder should have completed similar works in the last five years and in the current year before the submission of the bid. The information on the value and percentage of similar works completed is not explicitly mentioned. However, it is mentioned that the bidder should have experience in works of a similar nature over the last five years, and the quantities of work executed as prime contractor or as a nominated sub-contractor will be considered. The bidder is required to provide information on the project name, name of the employer, description of work, contract number, value of contract, date of issue of work order, stipulated period of completion, and actual date of completion. The bidder should also provide certificates from the Engineer(s) in-charge to support their claims. The bidder should have prior work experience, with the lead partner meeting not less than 50 percent of the criteria, and the joint venture collectively satisfying the criteria. The experience of other joint venture partners shall be considered if it is not less than 30 percent of the qualifying criteria. Additionally, the bidder should 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 or contracts applied for in any one year over the last five years. The bidder should also 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 are defined as those works which are at least 90 percent completed, with a gross value of work done up to the last date of submission being 90 percent or more of the original contract price. The bidder is required to invest a minimum cash up to 25% of the value of the work during implementation of the contract and have access to or have available liquid assets up to 25 percent of the value of the contract. The bidder should submit audited balance sheets for the last five years, demonstrating soundness of financial position, including long-term profitability and an estimated financial projection for the next two years. The bidder should provide accurate information on any litigation or arbitration resulting from contracts completed or under execution by them over the last five years. The bidder should provide details of work performed as a prime contractor, and work performed as a nominated sub-contractor will also be considered if the sub-contract involved execution of all main items of work described in the bid documents. The bidder should provide the following information for each project: - Project Name - Name of the Employer - Description of work - Contract No. - Value of contract (in Rs.) The specific values or percentages of similar works completed are not mentioned, except for the requirement that substantially completed works should be at least 90 percent completed, and 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.

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