Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Bridge Construction
Opening Date3 Mar 2025
Closing Date12 Mar 2025
Tender Amount₹ 2,14,89,521.01 

AI Insights

Technical
Additional Eligibility
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is Class "B" or above, specifically with Sp. Cat-III (Bridge) category.
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, B = Value at the current price level of the existing commitments and ongoing works to be completed during the next 06 months, and N = Number of years prescribed for completion of the works for which the bids are invited. The bid capacity required is 30, with a value of 1.6.
Technical Capacity
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The bidder should have experience in successfully completing or substantially completing at least one contract of similar work with a value of at least 40 percent 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. Additionally, the bidder should have achieved a minimum annual financial turnover of the annual value of the contract applied for in any one year over the last five years. The bidder's firm would also invest a minimum cash amount up to 25% of the value of the work during the implementation of the contract.

Costs

Description

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