Municipal Corporation Of Greater Mumbai Tender

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Municipal Corporation Of Greater Mumbai - MCGM Tender

Works
Energy, Oil and Gas
Eprocure
Opening Date6 May 2025
Closing Soon21 May 2025
Tender Amount₹ 2,70,75,920 

AI Insights

Technical
Financial
Additional Eligibility
Class Of Bidder
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Class 'A'
Bid Capacity
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The formula for bid capacity is: Assessed Available Bid Capacity = (A* N* 2 - B), where A = Maximum value of Engineering works executed in any one year, N = Number of years prescribed for completion of the Project/Works, and B = Value of existing commitments.
Technical Capacity
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The required prior work experience for the bidder involves completing similar works, specifically electrical installations and Solar PV Panel installation projects. The bidder should have satisfactorily executed works of electrical installations in BMC/Semi Govt./Govt. & Public Sector Organizations during the last seven years. Additionally, the tenderer should have executed Solar PV Panel installation projects with a minimal gross capacity of Total PV Panels installed in the last 7 years exceeding 100 kilowatts. Regarding the value and percentage of similar works completed, the bidder's average annual financial turnover should be at least Rs. 8935054. The value of each year's turnover shall be brought to the current costing level by enhancing the actual value at a compound rate of 10% per annum. The bid capacity of the prospective bidders will be calculated based on the maximum value of engineering works executed in any one year during the last five years, updated to the price level of the financial year in which bids are received at a rate of 10% per year, compounded annually. However, specific details on the required prior work experience for the bidder, including values and percentages of similar works completed, such as the exact amount and percentage, are not explicitly stated, except for the average annual financial turnover and the minimal gross capacity of Total PV Panels installed.

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