Kerala Rail Development Corporation Limited Tender

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Kerala Rail Development Corporation Limited - KRDCL Tender

Works
Civil And Construction
Road Construction
Ireps
Opening Date10 Feb 2025
Closing Date13 Mar 2025
Tender Amount₹ 19,35,43,254.43 

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Technical
Financial
Bid Capacity
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Available Bid Capacity = [A x N x 2] – 0.33xNx B Where: A = Maximum value of construction works executed and payment received in any one of the previous three financial years or the current financial year N = Number of years prescribed for completion of work for which bids have been invited B = Existing commitments and balance amount of ongoing works with the tenderer Additionally, for tenders costing more than Rs 50 lakhs, the technical eligibility criteria are as follows: - The tenderer must have successfully completed or substantially completed any of the following during the last 07 (seven) years: - Three similar works each costing not less than 30% of the advertised value of the tender. - Two similar works each costing not less than 40% of the advertised value of the tender. - One similar work costing not less than 60% of the advertised value of the tender. Formulas based on the advertised value of the tender (let's denote it as "AV"): 1. Three similar works: 3 * 0.3 * AV 2. Two similar works: 2 * 0.4 * AV 3. One similar work: 1 * 0.6 * AV And formulas for calculating the amount of price variation in different components.
Technical Capacity
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The required prior work experience for the bidder is related to "Similar Work", which includes any major bridge work involving PSC slab/PSC girder/composite girder. The bidder should have experience in this type of work to be eligible. The value and percentage of similar works completed are not explicitly mentioned in some cases, but it is stated that the bidder should furnish the details of the maximum value of construction works executed and payment received. However, for the bidder to be eligible, they should have successfully completed or substantially completed any of the following during the last 07 (seven) years: - Three similar works each costing not less than 30% of the advertised value of the tender, - Two similar works each costing not less than 40% of the advertised value of the tender, - One similar work costing not less than 60% of the advertised value of the tender. In the case of subcontracting, the subcontractor must have successfully completed at least one similar work to the work proposed for subcontract, costing not less than 35% of the value of the work to be subletted, in the last 5 years. But for subletting work costing up to Rs 50 lakh, no previous work experience of the subcontractor is required. A "Substantially Completed Work" means an ongoing work in which payment equal to or more than 90% of the present contract value has been made to the contractor. The available bid capacity shall be calculated based on the maximum value of construction works executed and payment received in any one of the previous three financial years or the current financial year. The bidder needs to upload full details of work on hand and progress thereon, and if the information furnished is found to be false, the tender is liable to be rejected and the Bid Security is liable to be forfeited. The bidder needs to fill up the experience certificate as per the proforma given, which includes details such as the name of the work, name of the organization, date of award, original contract value, and percentage of work completed. A work experience certificate from a public listed company having an average annual turnover of Rs 500 crore and above in the last 3 financial years can be considered, and it should be issued by a person authorized by the company to issue such certificates.

Costs

Summary

Shoranur - Ernakulam Section - Construction Of Proposed Road Over Bridge In Lieu Of Lc No. 15

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