Local Self Government Department Tender
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Technical
Financial
Bid Capacity
The Bidder should possess adequate working capital of more than 10% of the probable estimated cost of work for which he is bidding.
Formula: Working Capital > 0.10 * Probable Estimated Cost of Work
Value: More than 10% of the probable estimated cost of work.
Technical Capacity
The bidder is required to have prior work experience in similar projects, specifically in the construction industry. The required prior work experience includes:
* Completion of at least one similar work costing more than 40% of the estimated cost of work put to tender, for Government/Semi Government Clients during the last 5 years.
* The similar nature of works should be of the same nature and type of the work tendered.
* The bidder should provide details of relevant works completed over the last six years, including:
+ Employer Name, Location, and Type of Contract
+ Name of Engineer responsible for Supervision
+ Contract Price and Date
+ Percentage of participation of the company in the project
+ Value of work completed and certified
+ Percentage of partial completion
+ Scheduled date of completion
* The bidder should provide annual values of construction works undertaken for each of the last five years and works for the current year.
* The bidder should provide a summary of experience in the neighborhood work and/or neighboring states.
* The bidder should provide details of all works in progress.
Regarding the value and percentage of similar works completed, the following information is available:
* The bidder should have completed a work with a value of at least 40% of the estimated cost of the work put to tender. For example, if the estimated cost of the work is 100 units, the bidder should have completed a similar work with a value of at least 40 units.
* The full value of completed work will be considered, whether or not the date of commencement is within the said 5-year period.
* The annual financial turnover and cost of completed works of previous years shall be given a weightage of 5% per year to bring them at the current price level.
* The bidder should also possess adequate working capital of more than 10% of the probable estimated cost of work for which they are bidding.
Costs
EMD
₹ 2,00,000Document Cost
₹ 11,025Tender Fee
Refer Documents
Description
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Contact
Tender Id
2025_LSGD_731835_1Tender No
PW4-173622/25Tender Authority
Local Self Government Department ViewPurchaser Address
-Website
https://lsgkerala.gov.in/
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