Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date3 May 2025
Closing Soon22 May 2025
Tender Amount₹ 2,61,91,348.41 

AI Insights

Technical
Financial
Additional Eligibility
Class Of Bidder
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Class B & Above
Bid Capacity
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The formula for bid capacity is: 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) 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 8 Months; and 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 quantities of work executed as a prime contractor or as a nominated sub-contractor in the past five years. The bidder should provide information on the quantities of work performed, including cement concrete, masonry, earthworks, and bituminous work. The value of the work is Rs. 26191348.41. The bidder should have completed similar works with a value of at least 20% of the amount put to tender in the current calendar year. The annual financial turnover amount is mentioned, but the exact amount is not specified. Additionally, the amount for a single similar work is also mentioned but not specified. The bidder should have achieved a minimum annual financial turnover in any one year, over the last five years, of the annual value of the contract/contracts applied for. 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. The bidder is required to invest a minimum cash up to 25% of the value of the work during the implementation of the contract. The bidder's experience in terms of the number of years is provided, but specific details about the percentage or amount of similar works are partially available.

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Description

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