Bridge And Roof Company India Limited Tender

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Bridge And Roof Company India Limited Tender

Works
Electrical and Electronics
Electrical Works
Eprocure
Opening Date24 Jan 2025
Closing Soon27 Feb 2025
Tender Amount₹ 4,20,72,465 

AI Insights

Technical
Financial
Class Of Bidder
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Class-I local supplier or Class-II local supplier.
Bid Capacity
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The bid capacity required to bid in the given tender is determined by the bidder's experience in executing "Similar Works" within the last 7 years. The bidder must fulfill one of the following experience criteria: 1. 03 similar completed works, each costing at least Rs. 1.28 Crore. 2. 02 similar completed works, each costing at least Rs. 1.61 Crore. 3. 01 similar completed work, costing at least Rs. 2.57 Crore. To calculate the current costing level of executed works, the formula is: Current Cost = Actual Value * (1 + 7%/year) ^ number of years Where Actual Value is the original cost of the work, and the number of years is the time elapsed since the work's execution, calculated from the date of bid opening. Additionally, the Earnest Money Deposit (EMD) value is Rs. 6,44,000.00, which can be submitted as an Account Payee Demand Draft or a Bank Guarantee. However, this is not directly stated as the bid capacity but is a requirement for bidding.
Technical Capacity
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The bidder should have prior work experience with an average Annual Financial Turnover of not less than Rs. 0.97 Crore during the last 03 years ending 31.03.2024. The experience criteria for similar works are as follows: - 03 similar completed works each costing not less than Rs. 1.28 Crore, - OR 02 similar completed works each costing not less than Rs. 1.61 Crore, - OR 01 similar completed work costing not less than Rs. 2.57 Crore. For running works, substantial completion should not be less than 80% (value-wise). The value of executed works shall be enhanced at a simple rate of 7% per annum.

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