Roads And Buildings Department Tender

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Roads And Buildings Department Tender

Works
Civil And Construction
Road Construction
Opening Date7 Feb 2025
Closing Date14 Feb 2025
Tender Amount₹ 2,05,96,956.69 

AI Insights

Technical
Financial
Class Of Bidder
Bid Capacity
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The bid capacity required in the given tender is 30, with a capacity of 1.6. However, the formula or further details about the capacity are not explicitly provided. Alternatively, the available bid capacity can be represented as Available Bid Capacity ≥ Evaluated Bid Price, where the contract shall not be awarded to any bidder whose available bid capacity is less than the evaluated bid price.
Technical Capacity
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The required prior work experience for the bidder includes completion of similar works, with a value of up to INR 50 Cr, and a percentage rate tender with specific details. 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. The value and percentage of similar works completed are: - Value: up to INR 50 Cr. - Percentage: 20 per cent, which represents the Employer’s additional cost for completing the Works, and at least 90% completion of works for substantially completed works. Additionally, 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 bidder should also provide information on the quantities of work executed, including the value of the contract, and the percentage of work completed, with at least 40% of the value of the proposed contract and 90% completion.

Costs

Description

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