Municipal Corporation Of Greater Mumbai Tender

The class eligibility requirements to bid or participate in this tender are Class I (A) to Class IX, with specific upper limits of tendering and minimum solvency requirements for each class. However, the Brihanmumbai Municipal Corporation (BMC) specifically invites contractors registered in Class A as per old registration and Class III as per new registration.

The bid capacity required in the given tender to bid can be determined based on the financial eligibility criteria and the class of tendering. For financial capacity: - The contractual payments received by the bidder or the arithmetic sum of contractual payments received by all the members of the JV firm in any one of the previous three financial years shall be at least 100% of the estimated contract value. - The bidder should have access to or have available liquid assets, unencumbered assets, lines of credit, and other financial means (independent of any contractual advance payment) sufficient to meet the construction cash flow requirements for the subject contract, of at least 15% of the cost of the work tendered for, net of the tenderer's commitment of other contracts. For technical capacity: - Three similar completed works each of value not less than 20% of the estimated cost put to tender - Or, two similar completed works each of value not less than 25% of the estimated cost put to tender - Or, one similar completed work of value equal to or not less than 40% of the estimated cost put to tender Additionally, the bid capacity can also be related to the Earnest Money Deposit (EMD) and the Additional Security Deposit (ASD) as these are directly related to the bid value and formulas. 1. Earnest Money Deposit (EMD): The EMD values are specified for each ward: - R/South: Rs. 3,77,200 - R/Central: Rs. 3,90,600 - R/North: Rs. 2,52,300 2. Additional Security Deposit (ASD): The ASD is applicable based on the rebate quoted by the bidder and is calculated as follows: - Up to 12% rebate: No ASD - 12.01% to 20% rebate: 1% of the 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 The estimated costs for the wards are: - R/South: Rs. 3,77,18,670 - R/Central: Rs. 3,90,51,380 - R/North: Rs. 2,52,26,720 The ASD formula implies that the bid capacity or the financial capability of the bidder to provide additional security will depend on the level of rebate they offer. Therefore, the bid capacity required can be summarized as the ability to pay the specified EMD for the ward they are bidding for, plus any applicable ASD based on the rebate they offer, calculated according to the provided formulas. Minimum Financial Requirements: - Class I(A): Rs. 200 lakhs - Class I(B): Rs. 175 lakhs - Class I(C): Rs. 150 lakhs - Class II: Rs. 100 lakhs - Class III: Rs. 75 lakhs - Class IV: Rs. 40 lakhs - Class IV(A): Rs. 25 lakhs - Class V: Rs. 150 lakhs - Class V(A): Rs. 8 lakhs - Class VI: Rs. 2 lakhs - Class VII: Rs. 1 lakh - Class VIII: Rs. 0.50 lakhs - Class IX: Rs. 0.25 lakhs Upper Limits of Tendering: - Class I(A): No limit - Class I(B): Rs. 2500 lakhs - Class I(C): Rs. 1500 lakhs - Class II: Rs. 750 lakhs - Class III: Rs. 300 lakhs - Class IV: Rs. 150 lakhs - Class IV(A): Rs. 90 lakhs - Class V: Rs. 50 lakhs - Class V(A): Rs. 30 lakhs - Class VI: Rs. 15 lakhs - Class VII: Rs. 10 lakhs - Class VIII: Rs. 5 lakhs - Class IX: Rs. 3 lakhs