Maharashtra Housing And Area Development Authority Tender

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Maharashtra Housing And Area Development Authority - MHADA Tender

Works
Civil And Construction
Civil Works Others
Eprocure
Opening Date23 Jan 2025
Closing Date27 Feb 2025
Tender Amountโ‚น 10,09,98,368ย 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid having value and formulas is related to the price variation for cement and steel. The formulas provided are: ๐‘‰5 = ๐ถ0 ร— ๐‘‡(๐ถ๐ผ1 โˆ’๐ถ๐ผ0) / ๐ถ๐ผ0 ๐‘‰4 = ๐‘†0 ร— ๐‘‡(๐‘†๐ผ1 โˆ’๐‘†๐ผ0) / ๐‘†๐ผ0 Additionally, the bid capacity can also be calculated using the formula: Bidding Capacity =(2 ร— ๐ดร— ๐‘) โˆ’๐ต Where, A = Maximum value of Works executed during last 7 years N = Time Period for the Works in Years. B = Value at current price level of existing commitments and ongoing Works to be completed during the period of completion of Works for which Tender has been invited. Another formula for bid capacity is: Bid Capacity = 0.25 * Contract Price However, the exact value of the Contract Price is required to calculate the bid capacity using this formula. For the given Estimated Cost of the Works (โ‚น 100,998,368) and Time Period for the Works (2 Years), the Bidding Capacity can be calculated using the first formula, but the values of A and B are required. The Maximum Financial Annual Turnover required is โ‚น 37,874,388, which can be used as a reference to determine the bid capacity. The Net Worth required is more than 20% of Estimated Cost of the Works, and the Net Cash Accruals required is at least equal to the Estimated Cost of the Works. These values and formulas can be used to determine the bid capacity required in the given tender.
Technical Capacity
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The required prior work experience for the bidder includes: 1. Project Manager: B.E. Civil + 15 Yearsโ€™ experience (5 years as Manager) 2. Site Engineer: B.E. Civil + 10 Yearsโ€™ experience (5 years in Road Construction) 3. Plant Engineer: B.E. Mech. + 10 Yearsโ€™ experience or Dip. Mech + 15 years Exp. 4. Quantity Surveyor: B.E. Civil + 7 yearsโ€™ experience or Dip. Civil + 10 years Exp. 5. Soil & Material Engineer: B.E. Civil + 10 yearsโ€™ experience 6. Survey Engineer: B.E. Civil + 5 years Exp. or Diploma. Civil + 8 years Exp. The bidder is required to have prior work experience in building construction works, specifically in the construction of RCC framed Residential Buildings, with a minimum of G+7 and above structures completed. The value of similar work is considered as per the price level in 2024-25, and the value of similar works previously executed by the bidder shall be brought to the current price level by enhancing the actual value at a simple rate of 10% per annum calculated from the date of completion. The bidder's experience in similar work is considered based on the maximum value of works executed during the last 7 years, taking into account completed as well as works in progress, duly enhanced at a simple rate of 10% per annum. The required experience is as follows: - Three Similar Works each costing not less than โ‚น 40,399,347.2 (40% of the Estimated Cost of the Works) - OR - Two Similar Works each costing not less than โ‚น 50,499,184 (50% of the Estimated Cost of the Works) - OR - One Similar Work costing not less than โ‚น 80,798,694.4 (80% of the Estimated Cost of the Works) The Estimated Cost of the Works is โ‚น 100,998,368. No specific amount or percentage is mentioned for the similar works completed, but the bidder's bidding capacity should be more than the estimated cost of the works.

Costs

  • EMD

    โ‚น 5,00,000
  • Document Cost

    โ‚น 3,540
  • Tender Fee

    โ‚น 500

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