Ladakh Autonomous Hill Development Council Tender

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Ladakh Autonomous Hill Development Council - LAHDC Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date27 Feb 2025
Closing Date20 Mar 2025
Tender Amount₹ 5,55,33,043 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender can be determined using the following formulas and values: For Road work: - 33% of advertised cost for work valuing up to 40.00 Cr - 40% of advertised cost for work valuing more than 40.00 Cr For Other similar nature of works: - 33% of Advertised Cost For Road & Bridge: - Should have either executed under separate contracts both Road & Bridge work up to the aggregate value of 33% of the total advertised cost for works valuing up to 40.00 Cr and 40% for works with advertised cost beyond 40.00 Cr - OR Should have executed both road and bridge work under one single contract at least 33% of the advertised cost of work For Building: - 33% of Advertised Cost For Other works: - 25% of Advertised Cost Additionally, the bidder should have liquid assets and/or credit facilities of not less than 10% of the value of the contract/contracts applied for. The construction cash-flow may be taken as 10% of the estimated value of the contract/contracts. The bidder should also have an average financial turnover on the execution of Civil Engineering works, which is indexed at the rate of 8% per year to bring it to the current price level. However, for the specific work "Construction of museum at Lamayuru monastery", the bid capacity required can be calculated as 10% of the contract value. The value of work (with GST) is 55533043/- and (without GST) is 47061849/-. The bid capacity required would be 10% of 47061849/- which is 4706184.9. The bidder should have liquid assets and/or credit facilities to meet this requirement. The bidder should also be able to invest a minimum cash amount of up to 25% of the contract value of work during implementation/execution. For the specific work "Construction of museum at Lamayuru monastery", this would be 25% of 47061849/- which is 11765462.25. The bidder should have an average financial turnover as per the value given, during the last five financial years. The information supplied should be duly certified by a Chartered Accountant and be duly supported by TDs and Income Tax Returns. The base year shall be taken as 2020-2021, and the following enhancement factors will be used for determination of available bid capacity for the cost of works executed: - Year before one: 1.08 - Year before two: 1.17 - Year before three: 1.26 - Year before four: 1.36 - Year before five: 1.47 The applicant should indicate actual figures/amount for the works executed by them without accounting for the above-mentioned factors. In case the financial figures and value of completed works are in foreign currency, the above-enhanced multiplying factors will not be applied. Instead, the current market exchange rate will be applied for the purpose of conversion of amount from foreign currency into Indian rupees. The bidder should have access to lines of credit and other financial resources equivalent to a minimum of 10% of the proposed bid/estimated cost. The bidder should have a positive net worth, which shall be judged from the audited balance sheet of the latest financial year. The bidder should have a minimum amount of liquid assets or credit facilities to participate in the bidding process. The amount is usually equivalent to the estimated cash flow for three months in the peak construction period. However, the exact formula for calculating the bid capacity is not explicitly mentioned for all cases. But, the bid capacity required can be determined using the above formulas and values for the given tender. Therefore, the answer is: The bid capacity required is 10% of the contract value, and the bidder should have liquid assets and/or credit facilities to meet this requirement. For the specific work "Construction of museum at Lamayuru monastery", the bid capacity required would be 10% of 47061849/- which is 4706184.9. The bidder should also be able to invest a minimum cash amount of up to 25% of the contract value of work during implementation/execution. For the specific work "Construction of museum at Lamayuru monastery", this would be 25% of 47061849/- which is 11765462.25. The bidder should have an average financial turnover as per the value given, during the last five financial years. The information supplied should be duly certified by a Chartered Accountant and be duly supported by TDs and Income Tax Returns. The base year shall be taken as 2020-2021, and the following enhancement factors will be used for determination of available bid capacity for the cost of works executed: - Year before one: 1.08
Technical Capacity
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The bidder should have prior work experience in civil works or similar nature of contracts. The experience should be supported with a certificate of experience/performance issued by a competent authority. For road work, the bidder should have completed or substantially completed works valuing up to 40.00 Cr with 33% of the advertised cost, or works valuing more than 40.00 Cr with 40% of the advertised cost. For other similar nature of works, the bidder should have completed or substantially completed works with 33% of the advertised cost. For road and bridge works, the bidder should have either executed under separate contracts both road and bridge works up to the aggregate value of 33% of the total advertised cost for works valuing up to 40.00 Cr, and 40% for works valuing more than 40.00 Cr. Alternatively, the bidder should have executed both road and bridge works under one single contract with at least 33% of the advertised cost of work. The substantially completed works mean those works which have been completed in full as on the date of submission of bid, with a gross value of work done up to the last date of submission of bid being 100% of the original contract price. The bidder should have completed similar works with a value of at least 5 Crores. The tables provide the following information: - For road work: 33% of advertised cost for works valuing up to 40.00 Cr, and 40% of advertised cost for works valuing more than 40.00 Cr. - For other similar nature of works: 33% of advertised cost. - For road and bridge works: 33% of advertised cost for works valuing up to 40.00 Cr, and 40% of advertised cost for works valuing more than 40.00 Cr. - For building works: 33% of advertised cost. - For other works: 25% of advertised cost. The bidder should demonstrate prior work experience, specifically for personnel with adequate experience as required, the bidder should have a Project Engineer with B.E Civil + 3 Years Exp Or Diploma in Civil with 5 years experience. The bidder should also demonstrate availability of key and critical equipment for this work, as well as liquid assets and/or availability of credit facilities of no less than the amount indicated in the Appendix to ITB. The bidder should have completed similar works with a value of at least 5 Crores, and the percentage of similar works completed is not explicitly mentioned, but it is required that the bidder should have completed substantially (100%) of the original contract price. The bidder should also have experience in executing works of a certain value, with specific requirements for different value ranges: - Up to 5 Crores: Not specified - Up to 15 Crores: Not specified - Up to 30 Crores: Not specified - Above 30 Crores: Not specified The bidder should also have experience in executing works with specific equipment, such as tipper trucks, vibrators, concrete mixers, frontend loaders, water carrying tankers, excavators, scaffolding and ledger pipes, and concrete pumps, with specific quantities required for different value ranges. The value of similar works completed should be indexed at the rate of 8% per year to bring it to the current price level. The bidder should have completed or substantially completed during the last five years civil works or similar nature of contract(s)/work(s) of the value as reflected in the given tables. The bidder should have achieved an average financial turnover on execution of Civil Engineering works during the last five financial years. The bidder should provide a list of projects completed, including project name, name of the employer, description of work, contract number, value of contract, date of issue of work order, stipulated period of completion, actual date of completion, and remarks explaining reasons for delay and work completed. The bidder should provide information on work performed as a nominated sub-contractor, including an authority letter regarding approval of the sub-contract by the competent authority. The bidder should provide a certificate issued by the client, supported by IT returns and TDS certificates. The bidder should demonstrate access to financial resources, including liquid assets, working capital, and credit facilities, with a requirement of not less than 10% of the value of the contract. The bidder should submit audited balance sheets for the last five years, demonstrating sound financial position and long-term profitability. The bidder should have a positive net worth, which shall be judged from the audited balance sheet of the latest financial year ending on a date not prior to the base year as stated in the SBD from the date of submission of the Tender/Bid. The bidder should provide reports on financial standing, including profit and loss statements, balance sheets, and auditor's reports for at least five years, supported by TDS and ITR. The bidder should provide evidence of access to financial resources

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