Water Resources Department Tender

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Water Resources Department - WRD Tender

Works
Civil And Construction
Eprocure
Opening Date10 Feb 2025
Closing Soon25 Feb 2025
Tender Amount₹ 8,34,87,844 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required to bid can be calculated using the formula for the minimum acceptable bid, which is: Minimum acceptable bid = Tender amount * 0.85 Given the tender amount is Rs. 8,34,87,844/-, the minimum acceptable bid is: Minimum acceptable bid = 8,34,87,844 * 0.85 Minimum acceptable bid = Rs. 7,09,60,068.40 This implies that the bid must be at least Rs. 7,09,60,068.40 to be considered valid, as it must not be less than 15% of the tender amount.
Technical Capacity
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The bidder is required to have prior work experience in similar works. They should provide a summary of experience in India in similar work and details of works executed, including agreement amount, date of commencement, stipulated date of completion, and actual date of completion. The bidder should also provide details of works in hand, including percentage of physical completion and amount billed for the work completed, cost of work remaining to be executed, stipulated date of completion, and anticipated date of completion. However, the exact value and percentage of similar works completed are not explicitly mentioned, except in the case where the amount put to tender is 7.00 crore or above, the bidders are requested to submit year-wise break-up of satisfactory completion of similar major items of work. Additionally, if the rate quoted by the bidder is less than 15% of the amount put to tender, then such a bid shall be rejected. But no specific percentage of similar works completed is mentioned for all cases.

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