Water Resources Department Tender

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Water Resources Department - WRD Tender

Works
Civil And Construction
Civil Works Others
Eprocure
Opening Date10 Feb 2025
Closing Soon24 Feb 2025
Tender Amount₹ 2,41,74,375 

AI Insights

Technical
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is “B” Class & “A” Class.
Bid Capacity
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The bid capacity required in the given tender involves various conditions and formulas. To determine the bid capacity, we look at the conditions related to the bid amount and the performance security. The bid capacity or the performance security requirements are outlined as follows: - For bids below 5% of the estimated cost, no additional performance security is required. - For bids between 5% and 10% below the estimated cost, 50% of the difference between the estimated cost and the bid amount is required as additional performance security. - For bids 10% or more below the estimated cost, 150% of the difference between the estimated cost and the bid amount is required as additional performance security. These conditions imply that the bid capacity is directly related to the financial capability of the bidder to provide the required performance security, which is calculated based on the difference between the estimated cost of the work and the bid amount submitted by the bidder. Therefore, the bid capacity required can be summarized with the following formulas based on the bid value: 1. Below 5%: No additional performance security required. 2. From 5% to below 10%: 50% * (Estimated Cost - Bid Amount) 3. 10% and above: 150% * (Estimated Cost - Bid Amount) Additionally, the bid security values are provided for different packages, ranging from Rs.2,21,000/- to Rs.8,39,200/-, and are calculated based on the bid value of each package. The bid capacity required is also related to the ability to fill in the rates in the BOQ Excel sheet and upload it along with other required documents, but specific values or formulas for calculating the bid capacity directly are provided in the context of performance security and bid security. Thus, the bid capacity required in the given tender to bid having value and formulas is related to the performance security and bid security, with specific formulas and values provided for different bid values and packages.
Technical Capacity
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The required prior work experience for the bidder is not explicitly stated. However, the bidder is asked to provide details of works executed and performance for the last five years. Regarding the value and percentage of similar works completed, the bidder is required to provide information on works on hand and performance for the last five years, including total tendered cost of work, brief description of works, percentage of physical completion, and amount billed for the work completed, as well as cost of work remaining to be executed. No specific values and percentages of similar works completed are mentioned, and the bidder is required to fill in the rates in the Bill of Quantity (BOQ) excel sheet without provided specific values and percentages.

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Description

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