WAPCOS Limited Tender

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WAPCOS Limited - WAPCO Tender

Works
Civil And Construction
Water Storage And Supply
Eprocure
Opening Date27 Feb 2025
Closing Date20 Mar 2025
Tender Amount₹ 2,44,00,000 

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Technical
Financial
Bid Capacity
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Bid capacity required in the given tender to bid having value and formulas can be summarized as follows: - Similar work experience: 80% (for one work), 50% (for two works), or 40% (for three works) of the estimated cost of work. - Value enhancement formula: Actual value * (1 + 0.07 * number of years since completion). - Performance Guarantee: 5% of the tendered amount. - Security Deposit: 2.5% of the tendered value of the work. - Solvency Certificate: at least 40% of the estimated cost of work, with the formula: Bid Capacity = 0.4 * Estimated Cost of Work.
Technical Capacity
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The required prior work experience for the bidder includes satisfactorily completing similar types of works, specifically Construction/Up-gradation of Water Supply Distribution Network, during the last seven years. The required prior work experience can be met in one of the following ways: - One similar completed work costing not less than 80% of the estimated cost of work. - Or, two similar completed works of order value each not less than 50% of the estimated cost of work. - Or, three similar completed works of order value not less than 40% of the estimated cost of work. The value of executed works shall be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum. The bidder shall submit Completion Certificate(s) mentioning the name, nature of work(s), value(s) of the job(s), date(s) of commencement, stipulated date(s) of completion, and actual date(s) of completion along with LOI/(s)/W.O(s) from respective Owner(s)/Client(s). The percentages of similar works completed mentioned are 80%, 50%, and 40%. The exact amount is not specified, but it is relative to the estimated cost of work.

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