Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date7 Mar 2025
Closing Soon17 Mar 2025
Tender Amount₹ 5,24,28,507.16 

AI Insights

Technical
Financial
Additional Eligibility
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is Class A and above.
Bid Capacity
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The bid capacity required in the given tender can be expressed as a formula: Minimum cash investment = 25% of the value of the work. This indicates that the bidder must invest a minimum cash amount equivalent to 25% of the work's value during the contract implementation.
Technical Capacity
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The required prior work experience for the bidder includes experience in civil engineering constructions, with a total value of works performed in the last five years. The bidder should provide information on the total value of civil engineering constructions performed in each year from 2018-2019 to 2022-2023. Additionally, the bidder should provide the quantity of work executed in various categories such as Cement Concrete, Masonry, Earth Works, and Bituminous Work. The bidder should also provide information on their experience in similar work, including the value of contracts, stipulated period of completion, and actual date of completion. However, the percentage of similar works completed is not explicitly mentioned, but the bidder should 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. Substantially completed works are defined as those works that are at least 90% completed as on the date of submission, with the gross value of work done up to the last date of submission being 90% or more of the original contract price. The bidder should 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. The value of similar works completed is required to be at least 40 percent of the value of the proposed contract, and the percentage of completion for substantially completed works is 90%.

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