Rural Development Department Tender

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Rural Development Department - RDD Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date25 Feb 2025
Closing Date6 Mar 2025
Tender Amount₹ 2,44,50,000 

AI Insights

Technical
Class Of Bidder
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B Class and A Class as applicable.
Bid Capacity
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The bid capacity required in the given tender to bid having value is 1% of the estimated contract value (ECV). The formula for calculating the bid security is: Bid Security = 1% of ECV. The exact bid capacity required can be calculated using the given range of ECV values: Minimum Bid Security = 1% of Rs. 244.50 Lakhs = Rs. 2.44 Lakhs Maximum Bid Security = 1% of Rs. 546.06 Lakhs = Rs. 5.46 Lakhs Therefore, the bid capacity required to bid can be any value between Rs. 2.44 Lakhs and Rs. 5.46 Lakhs, calculated as 1% of the estimated contract value. Additionally, the bid capacity required is also related to the Additional Performance Security, which is determined based on the bid amount and the estimated cost put to tender, with the following formulas: - If the bid amount is below 5% less than the estimated cost put to tender: No Additional Performance Security - If the bid amount is from 5% and above and below 10% less than the estimated cost put to tender: 50% of (Difference between estimated cost put to tender and bid amount) - If the bid amount is from 10% and above less than the estimated cost put to tender: 150% of (Difference between estimated cost put to tender and bid amount)
Technical Capacity
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The required prior work experience for the bidder includes a minimum annual turnover, which is to be furnished. Additionally, the bidder must provide a list of projects executed that are similar in nature to the work. No specific values or percentages of similar works completed are mentioned.

Costs

Summary

Improvement To Nimakhandi Mohantysahi Rd Road To Brahman Sahi, Khandia Sahi, Sana Sahi, M.patapur, B.k.ch Pur, Rushikulya Nagar, Kalua Nagar Bauri Sahi, Chanakya Nagar, Manjari Nagar Road In The District Of Ganjam Under Mmsy-improvement To Existing R

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