Rural Development Department Tender
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Rural Development Department - RDD Tender
Works
Civil And Construction
Building Construction
Eprocure
Opening Date10 Feb 2025
Closing Date3 Mar 2025
Tender Amount₹ 4,89,98,103
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender to bid can be calculated using the formula:
Assessed Available Bid capacity = (A x N x 2 - B)
Where
A = Maximum value of civil engineering works executed in any one year during the last five years (updated to the price level of the year indicated in Appendix)
N = Number of years prescribed for completion of the works for which bids are invited
B = Value (updated to the price level of the year indicated in Appendix) of existing commitments and on-going works to be completed during the next ……….. Years (period of completion of the works for which bids are invited)
Additionally, escalation factors are provided for updating the cost of works executed and financial figures to a common base value for works completed. The factors are as follows:
Years | Multiply factor
-----|-----
One | 1.1
Two | 1.21
Three| 1.33
Four | 1.46
Five | 1.61
Alternatively, the bid capacity required can also be represented as:
Available Bid Capacity ≥ Evaluated Bid Price
This means that the available bid capacity of the bidder should be at least equal to the evaluated bid price.
Other relevant formulas include:
- Minimum annual financial turnover: Not less than one and a half times the estimated cost of the project
- Similar work value: Not less than 50% of estimated value of contract in last five years
- Financial resources: 10% of contract value
- Minimum cash investment: 25% of contract value of work
Technical Capacity
The required prior work experience for the bidder includes executing at least one similar work of value not less than 50% of the estimated value of the contract in the last five years. The bidder should have achieved a minimum annual financial turnover of 734.98 Lac in any one year, which is usually not less than one and a half times the estimated cost of the project. They should have also satisfactorily completed Civil Construction work (not less than 90% of contract value) as a prime contractor.
For specific types of work, the bidder or their sub-contractor should have executed similar electrical works for a minimum amount (specified in Appendix) and possess a required valid electrical license, and executed similar water supply/sanitary engineering works for a minimum amount (specified in Appendix) and possess a required valid license.
The bidder is also required to invest a minimum cash amount of up to 25% of the value of the work during the implementation of the contract, and have a bid capacity and undertaking to invest a minimum cash amount of up to 10% as defined in the ITB.
Additionally, the bidder needs to provide details of similar nature of works executed, and submit scanned copies of certificates showing details of similar nature of works, work in hand, and machineries owned or possessed on hire. The tenderer should also mention their previous experience of contract work carried out with value thereof, and provide a testimonial form of the Engineer-in-charge under whom he had worked regarding the manner of his performance.
The values and percentages mentioned include:
- 50% of the estimated value of the contract
- 90% of contract value
- 734.98 Lac (minimum annual financial turnover)
- 25% of the value of the work (minimum cash amount to be invested)
- 10% (minimum cash amount as defined in the ITB)
- One and a half times the estimated cost of the project (minimum annual financial turnover)
Costs
EMD
₹ 9,80,000Document Cost
₹ 10,000Tender Fee
Refer Documents
Description
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Contact
Tender Id
2025_RDSPL_98410_1Tender No
RDD/SD/CHAIBASA/20/2024-25Tender Authority
Rural Development Department ViewPurchaser Address
-Website
jharkhandtenders.gov.in
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Documents
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