Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Road Construction
Opening Date5 Feb 2025
Closing Date20 Feb 2025
Tender Amount₹ 44,92,82,594 
Notes
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Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is "Class AA" and "Sp. Cat-I (Road)".
Bid Capacity
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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 B = Value at current price level of the existing commitments and ongoing works to be completed during the next 09 months N = Number of years prescribed for completion of the works for which the bids are invited. Additionally, the bid capacity required can also be inferred as: Bid Capacity ≥ Evaluated Bid Price However, to determine the bid capacity required, the bidder needs to demonstrate: 1. A minimum annual financial turnover of Rs. 5990.43 lacs in any one of the last five years. 2. Experience in completing a contract of at least 40% of the proposed contract value within the last five years. Note that the exact bid capacity value is not provided, but the formulas and criteria to calculate it are given above.
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 are those that are at least 90% completed. This experience can be gained as a prime contractor, a member of a joint venture, or a nominated sub-contractor, with the weight of experience in a joint venture given in proportion to financial participation. Additionally, the bidder should have a minimum annual financial turnover of Rs. 5990.43 lacs in any one year over the last five years.

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