Works Department Tender

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Works Department - PMGSY Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date10 Jan 2025
Closing Date30 Jan 2025
Tender Amount₹ 9,21,92,000 

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender includes B class, C class, and D class contractors.
Bid Capacity
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The bid capacity required in the given tender to bid having value and formulas is not explicitly stated. However, certain formulas are provided for calculating adjustments due to changes in rates for cement and steel, as well as an incentive clause for timely completion of the project. For adjustments due to changes in rates: 1. Cement Component: V" = 0.85 x P"/100 x R x (C1 - C6)/C6 2. Steel Component: Vs = 0.85 x Ps/100 x R x (Sr - So)/So Additionally, there's a provision for difference between estimated cost put to tender and Bid Amount: - From 5% and above and below 10%, 50% of the difference. - From 10% and above, 150% of the difference. But specific bid capacity requirements in terms of value or formulas directly relating to the bidder's capacity to bid are not provided.
Technical Capacity
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The required prior work experience for the bidder is in similar nature of work, with 75% of the estimated cost put to tender during any three financial years. The bidder should have a minimum annual turnover of civil construction works, which is 200% of the annual payment of the work put to tender. Additionally, the bidder should 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 financial years taken together of the last preceding five financial years. The bid capacity is required to be more than the estimated cost of the work, with the total value of Civil Engineering construction work performed in the last five years. However, specific values or percentages of similar works completed are not consistently mentioned, but it is mentioned that the bidder should have experience and resources sufficient to meet the aggregate of the qualifying criteria for the individual contracts. In terms of similar works, the bidder is required to fill in the details of works of similar type and magnitude carried out by the tenderer, and the Technical Bid should consist of a list of similar nature of works. The bidder should also furnish information on Annual Turn Over (ATO) for Civil Engineering works, with updated values considering escalation factors.

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