Ministry Of Road Transport And Highways Tender

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Ministry Of Road Transport And Highways - MORTH Tender

Works
Civil And Construction
Eprocure
Opening Date1 Mar 2025
Closing Date21 Mar 2025
Tender Amount₹ 2,46,34,260 

AI Insights

Technical
Financial
Technical Capacity
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Under the technical capacity header, the important information related to prior work experience includes: 1. Total value of Civil Engineering construction and/or maintenance works performed in the last three years (in Rs. Lakh). 2. Work performed as prime contractor/JV partner of a similar nature during the last five years, with details such as: - Value of Contract (R. in Lac) - Description of work - Name of the Employer - Average Per Year value - 25% of the value of the work during implementation of the Contract towards working capital. Additionally, another set of information related to prior work experience includes: - Description of work, Place & State, Contract No., Name & Address of Employer, Value of Contract (Rs Cr), Stipulated Period of Completion, Value of works remaining to be completed (Rs Cr), Escalation factor, Anticipated date of completion, Escalated value of remaining work during completion period of work for which bids are invited. Also, a table mentions: - Project Name, Name of the Employer, Description of work, Value of Contract (R. in Lac), Date of issue of work order, Stipulated period of completion, Actual date of completion. To qualify for the award of the contract, each bidder should have satisfactorily completed (not less than 90% of contract value), as a prime contractor or as a partner of JV for similar works during last five years ending last day of month previous to the one in which bids are invited, either of the following: i. Three similar completed works costing not less than amount equal to Rs. 61.58 lakh each. ii. Two similar completed works costing not less than amount equal to Rs. 86.21 lakh each. iii. One similar completed work costing not less than amount equal to Rs. 123.17 lakh. The following escalation factors shall be used to bring the value of such completed works to the level of current financial year: Year Before Multiplying Factor 2023-24..........................................1.1 2022-23.........................................1.21 2021-22.........................................1.33 2020-21.........................................1.46 2019-20.........................................1.61 The bidder should have achieved a minimum average annual financial turnover (in all classes of civil engineering construction and maintenance works only) equal to the amount indicated in NIT during last three years ending 31st March of the previous financial year duly certified by Chartered Accountant. Available Bid capacity = (A* N* 2.5 - B) Where, A = Maximum value of civil engineering works executed in any one year during the last three years, N = Number of years prescribed for completion of the works for which bid is invited, B = Value of existing commitments and on-going works to be completed during the next 12 months. Values and percentages mentioned under this header include: - Total value of work performed in the last three years - Average Per Year value - 25% of the value of the work during implementation of the Contract towards working capital - 90% of contract value - Escalation factors for different years - Available Bid capacity formula with a multiplier of 2.5.Similar work or eligible projects mentioned in the technical capacity experience include: - Civil engineering construction and maintenance works performed for each of the last three years, - Experience certificate in works of a similar nature and size for each of the last five years. Values like amount mentioned include: - Total value of Civil Engineering construction and/or maintenance works performed in the last three years - Average Per Year - Value of Contract - Value of works remaining to be completed - Escalated value of remaining work during completion period of work - Available bid capacity Percentage mentioned includes: - 25% of the value of the work during implementation of the Contract towards working capital. - 2.5 (as a multiplier in the bid capacity calculation) Specific similar completed works mentioned include: - Three similar completed works costing not less than amount equal to Rs. 61.58 lakh each - Two similar completed works costing not less than amount equal to Rs. 86.21 lakh each - One similar completed work costing not less than amount equal to Rs. 123.17 lakh However, exact amounts for some values and specific percentages are not provided.

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