Roads And Buildings Department Tender

The class eligibility requirement to bid or participate in this tender is "A" Class & Special Category-II Road and above, as well as Special Category - Road / Bridge / Building and Category I / II / III, or simply "A" Class & Above, and also Special Category-II Road and Above. However, one source also mentions "Appropriate Class and Category of Approved Contractors" without specifying the exact class.

The bid capacity required in the given tender to bid can be 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 9 Month (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. Additionally, to qualify for more than one contract, the applicant must demonstrate having experience and resources sufficient to meet the aggregate of the qualification criteria for each contract, including achieving a minimum annual financial turnover and 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. The calculation also involves considering enhancement factors for costs of works executed and financial figures to a common base value for works completed in India, with specific multiplying factors provided for different financial years. In case of foreign currency, the conversion to India rupees will be based on the current market exchange rate (State Bank of India BC Selling rate as on the last date of submission of the bid). The bid capacity requirements include specific registrations, ability to provide Bid Security or EMD, access to financial resources, and commitment to invest a minimum of 25% of the work's value during implementation. Description of works, place and state, contract number, name and address of employer, value of contract, stipulated period of completion, value of works remaining to be completed, and anticipated date of completion are also required for calculating the bid capacity. Certificates from the Engineer(s) in-charge must be attached by the bidder. The available bid capacity will be applied for each partner in a joint venture to the extent of their proposed participation in the execution of the work.