Punjab Mandi Board Tender
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Technical
Financial
Bid Capacity
The bid capacity required in the given tender to bid is calculated using the formula:
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 price level of the Financial year in which bids are received.
N = Number of years prescribed for completion of the Project/Works for which these bids are being invited.
B = Value of existing commitments and on-going works to be completed during the period of completion of the Project/Works for which these bids are being invited, updated to the price level of the year indicated in BDS.
Additionally, for works above Rs. 10.00 Crores, the bidder must have:
- Achieved a minimum annual financial turnover (in all classes of civil engineering construction works only) equal to 40% of the estimated cost of work in any one of the last three financial years.
- Satisfactorily completed similar works of a certain value (80%, 50%, or 40% of the estimated cost of work for one, two, or three similar works, respectively).
- Availability of key and critical equipment.
- Availability of personnel with adequate experience.
- Liquid assets and/or availability of credit facilities of an amount not less than that indicated in the Bid Data Sheet (BDS), typically the equivalent of the estimated cash flow for 3 months in the peak construction period.
- Submitted an undertaking to invest a minimum cash up to 25% of the contract value of work during implementation.
- Given the authority to seek references from the bidder's bankers.
The bidder's available bid capacity should be more than the estimated value of the project/work.
Also, the bidder needs to demonstrate access to financial resources equivalent to at least 10% of the contract value for credit and other facilities, and they must also undertake to invest a minimum of 25% of the contract value in cash during the implementation of the work.
However, the exact value of the bid capacity is not specified.
The formulas provided for price adjustments are:
1. Adjustment for Bitumen Component: Vb = Pb x (Bi-B0)
2. Adjustment for Cement Component: Vc = Nc x Rc (Ci-C0)/C0
These formulas are used to calculate the increase or decrease in the cost of bitumen and cement work due to changes in their prices.
Therefore, the bid capacity required in the given tender to bid having value and formulas is specified with the provided formulas and requirements.
Technical Capacity
The required prior work experience for the bidder includes having satisfactorily completed, as a prime Contractor (or as a nominated sub Contractor), one similar work of value not less than 80% of the estimated cost of work, or two similar works each of value not less than 50% of the estimated cost of work, or three similar works each of value not less than 40% of the estimated cost of work, in the last five years.
The bidder should also have achieved a minimum annual financial turnover of 40% of the estimated cost of work in any one of the last three financial years.
Additionally, the bidder needs to provide experience on similar works, with details such as the value and percentage of similar works completed, as per FORMAT 2-2. However, specific values and percentages of similar works completed are not explicitly mentioned, except for the requirements of having completed works of certain values in relation to the estimated cost of the work.
The bidder's available bid capacity is calculated based on the maximum value of civil engineering works executed in any one year during the last five years. The bidder needs to submit an undertaking that their available bid capacity is more than the estimated value of the project/work.
The bidder is also required to provide information on their annual turnover from construction works, with the amounts billed to clients for work in progress or completed, and equipment availability or access commitment, and the availability of personnel, including the project/work manager, site engineer, plant engineer, and quality control engineer, with minimum qualifications and experience requirements specified.
The minimum experience requirements for key personnel are:
- Project/Work Manager: BE (Civil) with at least 2 years of experience
- Site Engineer: BE (Civil) or Diploma (Civil) with at least 2 years of experience
- Plant Engineer: B.E. (Mech.) or Dip. (Mech.) with at least 2 years of experience
- Quality Control Engineer: B.E. (Civil) or Dip. (Civil) with at least 2 years of experience
The required prior work experience for various personnel is also mentioned, but specific values and percentages of similar works completed are not provided, except for the general requirements mentioned earlier.
The bidder is expected to provide information on their current commitments on all contracts that have been awarded, or for which a letter of intent or acceptance has been received, including the contract value, percentage of completion, and amount outstanding.
The bidder needs to provide information on their construction experience record, as per FORMAT (2-3), and equipment availability, as per FORMAT (2-4), but specific details on the value and percentage of similar works completed are not mentioned.
In terms of specific values, the bidder should have completed works of value not less than 80%, 50%, or 40% of the estimated cost of work, depending on the number of similar works completed. The bidder should also have achieved a minimum annual financial turnover of 40% of the estimated cost of work.
The amount and percentage of similar works completed are mentioned in terms of the requirements for the bidder's prior work experience, but specific values are not provided except for the general requirements mentioned earlier.
Costs
EMD
₹ 16,37,000Document Cost
₹ 30,000Tender Fee
₹ 5,900
Summary
Upgradation Of Punsup Own Covered Godown Chawa Rd Samrala, Mc Samrala,g.t. Rd Doraha.m.c.doraha, Ludhiana And Punsup Own Covered Godown Of Foodgrains (repair Of Sheds,reconst.of I/r Repair Of B/w New Office Block And Gates Etc.)at Dasuy, Hoshiarpur
Description
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Contact
Tender Id
2025_DOA_133567_1Tender No
EECLDH2025-102Tender Authority
Punjab Mandi Board ViewPurchaser Address
-Website
http://www.mandiboard.nic.in/
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