Municipal Corporation Tender

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Municipal Corporation Tender

Works
Civil And Construction
Eprocure
Opening Date10 Feb 2025
Closing Soon25 Feb 2025
Tender Amount₹ 3,92,97,893 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender is calculated using the formula: (A x N x 2) – B Where: A = Maximum Annual Turnover of last five Years (as per current rate) N = Period of work in year B = Cost of work in hand (during tender period) This condition is applicable for works above 50 Lakhs. If the same contractor has undertaken 3 or more work in a financial year, the condition of bid capacity for subsequent tenders in that financial year will be applicable to it. Additionally, the bid capacity required involves both financial guarantees and considerations of tax implications, with specific formulas provided for additional security deposits based on the quote percentage below the tendered cost. - Additional Security Deposit Formula: - For quotes 1%-10% below: 1% of estimated cost - For quotes 15% below: 6% (1% + 5%) of estimated cost - For quotes 19% below: 14% (1% + 5% + 8%) of estimated cost - Bank Guarantee/FDR: Validity up to the defect liability period, in the name of the concerned authority. - GST: Consideration of GST factor in tender quoting, with GST amount paid separately at the time of billing. - Bank Solvency: 10% of estimated cost for works above 5 crores.
Technical Capacity
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The required prior work experience for the bidder includes having successfully completed similar work with Government/Semi Government/Municipal Corporation/any other public sector as a prime contractor during the last 5 years. The experience criteria are as follows: A] One Similar Completed work costing Not less than the Amount Equal To 80% of the Estimated Cost. B] Two Similar Completed works costing Not less than the Amount Equal To 50% of the Estimated Cost. C] Three Similar Completed works costing Not less than the Amount Equal To 40% of the Estimated Cost. Additionally, the bidder should have experience of having Similar Type of minimum 3 & maximum 5 main items in Government/Semi Government/Municipal Corporation/any other public sector as a prime contractor in tendered work during one of the last 5 years amounting to 30% of tendered main work quantity. Specific quantities for 30% of the main items are: 1. Providing & Laying Dense Bituminous Macadam/BM asphalt work :- 35.03 Cu Meter 2. Providing & Laying Asphalt Concrete/Bituminous concrete work :- 17.51 Cu Meter 3. Providing & Laying M30 or above grade cement concrete work :- 60.62 Cu Meter 4. Providing & Fixing TMT steel work :- 6.06 M.T.

Costs

  • EMD

    ₹ 1,96,500
  • Document Cost

    ₹ 2,360
  • Tender Fee

    ₹ 500

Description

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