WAPCOS Limited Tender
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Technical
Financial
Bid Capacity
The bid capacity required in the given tender can be calculated using different approaches mentioned in the provided information.
One formula provided is:
Assessed available Bid Capacity = (A*N*1.5) - B
Where:
A = Maximum value of works in respect of projects executed in any one year during the last five years
N = Number of years prescribed for completion of work for which Bid is invited
B = Value of existing commitments and on-going works to be completed during the period of completion of the works for which BID is invited.
Another formula mentioned is:
Bid Capacity = 0.4 * PAC
Where PAC is the Project Absolute Cost.
Additionally, a formula related to the calculation of the value of "B" is provided as:
9(3x7xuf)
Where:
- Column 3 refers to the "Value of contract as per Agreement / LOA"
- Column 7 refers to the "Balance value of work to be completed"
- "uf" refers to the Updation Factor
Also, the minimum average annual turnover required can be calculated as:
Minimum Average Annual Turnover = 0.30 * PAC
Given that PAC = Rs. 89,34,378.15, the formula specifically for this tender is:
Minimum Average Annual Turnover = 0.30 * 89,34,378.15
Thus, multiple formulas are provided to calculate the bid capacity required in the given tender.
Technical Capacity
The bidder should have prior work experience in similar projects, specifically electrification works in a multi-storied building, during the last seven years. The required experience includes:
- One similar completed work costing not less than Rs.2,38,25,008.4 (80% of Project Absolute Cost (PAC))
- Two similar completed works costing not less than Rs.1,48,90,630.25 (50% of PAC)
- Three similar completed works costing not less than Rs.1,19,12,504.2 (40% of PAC)
The value of similar works completed should be at least 40% of the Project Absolute Cost (PAC). The bidder should also have experience in supply, installation, testing, and commissioning of specialized works such as Fire Fighting System and Lift, with at least one project installed and commissioned in any Central/ State/ PSU’s.
Additionally, the bidder's average annual financial turnover on construction works should be at least 30% of the PAC (i.e., Rs. 89,34,378.15) during the immediate last 3 consecutive financial years ending 2023-24. The bidder should not have incurred any loss (profit after tax should be positive) in more than two years during the last five years ending FY 2023-24.
Costs
EMD
₹ 1,00,000Document Cost
₹ 8,850Tender Fee
Refer Documents
Description
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Contact
Tender Id
2025_WPCOS_789703_1Tender No
WAP/INFRA/KERALA/2025/KLSY/503Tender Authority
WAPCOS Limited ViewPurchaser Address
-Website
http://www.wapcos.gov.in/
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