Municipal Corporation Tender

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Municipal Corporation Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date31 Jan 2025
Closing Soon24 Feb 2025
Tender Amount₹ 8,90,08,185 

AI Insights

Technical
Bid Capacity
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Bid capacity required in the given tender can be determined using the following information: - The bid capacity is mentioned in terms of the amount that can be paid at the tendered rate, which includes the tendered quantity plus 25% excess of the tendered quantity or the excess quantity of the value of Rs.5000/- at the tendered rates, whichever is more. This can be represented as: Bid Capacity = Tendered Quantity + (25% of Tendered Quantity) or Tendered Rate * (Tendered Quantity + Rs.5000/-), whichever is more. Additionally, the bid capacity might also relate to the financial capability of the bidder, considering the earnest money and security deposit as indicators of this capability, with values such as earnest money of Rs. 891,000.00 and security deposit of Rs. 1,780,200.00 + GST. However, another source mentions the bid capacity required in terms of earnest money, which is Rs. 1780200.00 + GST. Formulas provided for calculating price variations for different components are: - For labor component: V = 0.85 P x (L1 - Lo) / 100 - For material component: V = 0.85 P x (M - Mo) / 100 - For petrol, oil, and lubricant component: V3 = 0.85 P x (P1 - Po) / 100 - For TMT and mild steel component: V5 = (Sl - Slo) x T - For cement component: V6 = (Cl - Clo) x T These formulas indicate that the bid capacity involves calculations based on various indices and prices.

Costs

  • EMD

    ₹ 8,91,000
  • Document Cost

    ₹ 3,540
  • Tender Fee

    ₹ 500

Description

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