The Maharaja Sayajirao University Of Baroda Tender
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Technical
Financial
Bid Capacity
The bid capacity required can be formulated as follows:
- Solvency Certificate Requirement: 15% of the estimated cost of the work.
- Earnest Money Requirement: 1% of the estimated cost of the work.
The formula for solvency certificate requirement is:
Bid Capacity Requirement = 0.15 * Estimated Cost of Work
Additionally, another relevant formula is:
Average annual financial turnover ≥ 0.3 * Estimated Cost
And,
Solvency Certificate ≥ 0.15 * Estimated Cost
Thus, the bid capacity required is 15% of the estimated cost of work, with the provided formulas.
Technical Capacity
The required prior work experience for the bidder involves having successfully completed similar works during the last 7 years. This experience can be demonstrated through one of the following scenarios:
- Completion of three similar projects with costs of at least 40% of the estimated project cost.
- Completion of two similar projects with costs of at least 50% of the estimated project cost.
- Completion of one similar project with a cost of at least 80% of the estimated project cost.
Additionally, bidders are required to provide a list of similar works, including work orders, completion certificates, and details of the actual work done and completion dates, signed by the relevant authorities. They must also submit the turnover for the last three financial years for similar works, certified by a Chartered Accountant. However, specific values and percentages for the turnover are not mentioned.
Costs
EMD
₹ 2,13,000Document Cost
Refer DocumentsTender Fee
₹ 3,600
Description
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Contact
Tender Id
160670Tender Authority
The Maharaja Sayajirao University Of Baroda ViewPurchaser Address
-Website
https://www.msubaroda.ac.in/
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Request Call BackDocuments
Terms and Condition Tender No. 7 of 2024-2025.pdf
Technical Bid Tender No. 7 of 2024-2025.pdf
Tender Notice No. 7 of 2024-2025.pdf
Physical Verification Certificate.pdf
Memorandum of Acceptance.pdf
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BOQ Items
Evaluation Notes How It Works ?
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