Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date6 Feb 2025
Closing Date17 Feb 2025
Tender Amount₹ 2,19,22,227.98 

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is "B" Class.
Bid Capacity
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The bid capacity required in the given tender can be calculated as 1% of the Estimated Amount put to bid/tender, which should be rounded off to the next thousand rupees. The formula for calculating the Bid Security (EMD) is: Bid Security (EMD) = 1% of Estimated Amount put to bid/tender. Alternatively, it can also be considered as 25% of the Tender Amount, but the exact Tender Amount is required for this calculation.
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 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 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 as on the date of submission. The bidder should also have achieved a minimum annual financial turnover in any one year, over the last five years, of the annual value of contract/contracts applied for. Regarding the value and percentage of similar works completed, the bidder should have completed at least one contract of at least 40 percent of the value of the proposed contract, with substantially completed works being at least 90% completed. The specific values mentioned include 40 percent of the value of the proposed contract and 90% completion of works. Additionally, the bidder should provide information on the quantities of work executed, including the quantity of work performed and remarks, and should submit a certificate from the employers for substantially completed works, incorporating details such as contract value and billing amount. The required prior work experience for key personnel includes providing information on the "Year of Experience (General)" and "Year of experience in the proposed position" for key personnel, including the Project Manager. The bidder is also required to have a certain level of experience in similar works, with a specific format to be followed for providing this information, including columns for "Description of works", "Place & State", "Contract No.", "Name & Address of Employer", "Value Contract (Rs. Cr)", "Stipulated Period of Completion", "Value of Works* remaining to be completed (Rs. Cr)", and "Anticipated date of completion". Values like Rs.50 lakhs, Rs.15 lakhs, and Rs.5 lakhs are mentioned in relation to the cost of the work to be executed and the deployment of key personnel. The bidder should also have liquid assets and/or availability of credit facilities equivalent to 25% of the tender amount. Multiplying factors ranging from 1.00 to 1.61 are provided for works completed in different financial years for the calculation of escalation factors.

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