Maharashtra Airport Development Company Limited Tender
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Maharashtra Airport Development Company Limited - MADC Tender
Works
Civil And Construction
Road Construction
Eprocure
Opening Date5 Mar 2025
Closing Soon14 Mar 2025
Tender Amount₹ 2,09,39,850
AI Insights
AI Insights
Technical
Financial
Additional Eligibility
Bid Capacity
The bid capacity required in the given tender can be calculated using the formula:
Available Bid Capacity = (A x N x 1.5) – B
Where:
A = Maximum value of Civil Engineering works executed in any one year during the last 5 years (updated to the current year by a factor of escalation of 10% per year)
B = Value of existing commitments and works (Ongoing) to be completed in the period stipulated for completion of work in present tender
N = Number of years prescribed for completion of work for which bids are invited.
The bidder should have bid capacity more than the estimated cost put to tender as per this bid capacity formula.
Additionally, the bid amount can be calculated using the formula:
Bid Amount = (Total Cost (A) x (1 + Percentage quoted))
Where Total Cost (A) is 2,09,39,850 and the percentage quoted is to be provided by the bidder.
There are also formulas for adjustments due to changes in costs of various components such as materials, petrol, oil, lubricant, cement, steel, and bitumen.
For example, the adjustment for the steel component is calculated using the formula:
V5 = PS x (S1 - S0) x QS / S0
And the adjustment for the bitumen component is calculated using the formula:
V6 = QB x (B1 - B0)
However, specific values for these formulas are not provided.
Therefore, while some formulas are provided, specific values and detailed formulas for all components are not found.
Technical Capacity
The required prior work experience for the bidder is not explicitly mentioned in terms of years. However, the bidder shall submit detailed information about all completed and ongoing works.
The bidder needs to have completed similar nature of work, and the value of similar works is considered in the bid capacity formula. The bidder should have experience of having successfully completed during the last Five years, with specific requirements:
- One similar completed work of costing not less than 80% of the estimated cost amounting Rs. 1.67 Cr.
- Or, two best similar completed works each costing not less than 50% of the estimated cost i.e. amounting Rs. 1.04 Cr.
- Or, three similar completed works each costing not less than 40% of the estimated cost i.e. amounting Rs. 0.83 Cr.
Additionally, the bidder should have executed minimum quantities of specific works in any one single year during the last Five years, including:
- Earthwork (Excavation & Embankment) - 4370 Cum
- GSB - 314 Cum
- WMM - 314 Cum
- BM / DBM /SDBC /BC - 757 Cum
- R.C.C (M-20 grade & above excluding PCC) - 104 Cum
- Steel Reinforcement - 10 MT
The bidder should also have a minimum financial capacity, including working capital greater than 35% of the estimated cost put to bid, and net worth not less than 25% of the cost put to tender. The estimated cost put to tender is Rs. 2,09,39,850/- (excluding GST).
Costs
EMD
₹ 1,50,000Document Cost
₹ 2,360Tender Fee
₹ 500
Description
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Contact
Tender Id
2024_MADC_1093109_3Tender No
CE/MADC/MIHAN/Tender/2024/058Tender Authority
Maharashtra Airport Development Company Limited ViewPurchaser Address
-Website
mahatenders.gov.in
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