Rural Development Department Tender

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Rural Development Department - RDD Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date31 Jan 2025
Closing Date10 Feb 2025
Tender Amount₹ 4,19,43,735 

AI Insights

Technical
Bid Capacity
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To extract the bid capacity required in the given tender, we look for specific details related to the financial or technical capacity that a bidder must have to participate. The information provided includes several aspects related to bidding, such as the submission process, evaluation criteria, and requirements for bidders. For the bid capacity, the key information includes the requirement for the intending tenderer(s) to have executed similar nature of work worth 75% of the estimated cost, put to tender during any three financial years taken together of the last preceding five years, for both Road and Bridge portions of the work. Additionally, the intending tenderer(s) should have a total financial turnover in respect of Civil Engineering works of an amount not less than the amount put to tender during any 3 financial years taken together of the last proceeding five financial years. The escalation factors to update the costs of works executed and the financial figures to a common base value for works completed are also provided: - One year before: 1.10 - Two years before: 1.21 - Three years before: 1.33 - Four years before: 1.46 - Five years before: 1.61 The formula to update the value of work executed is: Updated value = Actual value * Escalation factor. However, a specific formula for calculating the bid capacity is mentioned as: Assessed Available Bid Capacity = (A*N*2-B), where A = Maximum value of Civil Engineering works executed in any one year during the last five years (updated to the current price level), B = Value of current price level of the existing commitments & ongoing works to be completed during the next years, and N = Number of years prescribed for completion of the works for which the bids are invited. Therefore, the bid capacity required in the given tender can be calculated using the provided formula and considering the escalation factors for updating the values of executed works.
Technical Capacity
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The bidder should have executed similar nature of work worth 75% of the estimated cost, put to tender during any three financial years taken together of the last preceding five years. For Road portion of the work, the intending tenderer(s) should have executed similar nature of work worth 75% (Road Works) of the estimated cost. For Bridge portion of the work, the intending tenderer(s) should have executed similar nature of work worth 75% (Bridge Works) of the estimated cost. The bidder needs to provide information on works for which bids have been finalized in their favor and works that are yet to be completed, including: - Description of work - Place and State - Contract No and date - Name and Address of the employer - Value of contract - Stipulated period of completion - Value of work already executed - Value of works remaining to be completed The bidder is required to have prior work experience of a similar nature and volume over the last five years from the date of receipt of the bid. The bidder needs to provide details of work performed as a prime contractor, including the project name, employer, description of work, value of contract, and year-wise value of work done. The bidder is required to furnish scanned copies of certificates showing details of similar nature of works executed, certified by the concerned Executive Engineer. The bidder needs to provide information on the value of similar works completed, with a breakdown of the amount of work done in each financial year. The bidder should have not abandoned any work of similar nature nor should their contract have been rescinded during the last five years. The bidder is also required to provide an Annual Turnover Certificate from a Chartered Accountant for the last five financial years, with a breakup of civil works and total works for each financial year. The required percentage of similar works completed is 75% of the estimated cost. The bidder should also have a total financial turn over in respect of Civil Engineering works of an amount not less than the amount put to tender during any 3 (three) financial years taken together of the last proceeding five financial years.

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