Municipal Corporation Of Greater Mumbai Tender

Class A as per old registration and Class III as per new registration with the Brihanmumbai Municipal Corporation (BMC), or equivalent and superior classes registered in Central or State Government/Semi Govt. Organization/Central or State Public Sector Undertakings.

The bid capacity required in the given tender can be calculated using the following formulas and values: 1. Assessed Available Bid Capacity = (A* N* 2 - B), where: - A = Maximum value of any works executed in any one year during the last five years, updated to the current price level at a rate of 10% per year. - N = The prescribed period for the completion of the project. - B = Value of existing commitments on the last date of submission of bids. 2. Current Costing Level = Actual Value of Work * (1 + 0.10)^n, where n is the number of years from the date of completion to the last date of receipt of applications for tenders. 3. For Performance Guarantee (PG): - For premium, at par, and rebate 0 to 12%, PG = 0.92% x contract sum applicable for rebate of 12%. - For rebate of 12.01% or more, PG = 0.92% x contract sum applicable for rebate of 12% + (X) x Contract Sum, where X = Percentage rebate quoted more than 12%. 4. Technical Capacity: - The tenderer should have satisfactorily executed the work of similar nature during the last three years, with specific value requirements based on the estimated cost of the work. 5. Financial Capacity: - Achieved an average annual financial turnover equal to 30% of the estimated cost of work in the last three financial years. - The value of executed works shall be brought to the current costing level by enhancing the actual value of work at a compound rate of 10% per annum. 6. Minimum financial requirements for different classes of civil engineering disciplines, ranging from Class I(A) to Class IX, with specified upper limits of tendering and minimum solvency required for each class. 7. Additional Security Deposit (ASD) is applicable when a rebate of more than 12% is quoted, calculated as: - Up to 12% rebate: No ASD - 12.01% to 20% rebate: 1% of estimated cost for each percentage and part thereof above 12% rebate - 20.01% rebate and above: 8% + 2% extra for each percentage and part thereof over and above 20% rebate Given the estimated cost of work as Rs. 2,89,85,784.00, specific values can be calculated, such as: - 20% of estimated cost = Rs. 57,97,156.80 - 25% of estimated cost = Rs. 72,46,446.00 - 30% of estimated cost = Rs. 86,95,735.20 - 40% of estimated cost = Rs. 1,15,94,313.60 These formulas and values provide the basis for determining the bid capacity required for the tender.