Punjab Mandi Board Tender

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If you want to inquire about any e-tender the Punjab government has posted, Bidassist gives a one-stop solution i.e. being a registered bidder you will find every eprocurement Punjab tender on BidAssist.There is no need to enter all the details on the website of etender.up.nic.in as BidAssist helps you find the specific Punjab etender you're looking for. Read further to learn how to search and bid for etender Punjab.

Punjab Mandi Board - DoA Tender

Works
Eprocure
Opening Date7 Feb 2025
Closing Soon11 Mar 2025
Tender Amount₹ 2,19,06,438 

AI Insights

Technical
Class Of Bidder
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Class III and above or equivalent.
Bid Capacity
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The bid capacity required in the given tender to bid has specific requirements and formulas. The formulas are: EMD (Earnest Money Deposit) = 2% of the estimated cost, and Performance Security = 12% of the bid value. Additionally, the requirements for the bid capacity include: - An average annual turnover of at least 30% of the estimated cost for the last three financial years. - A working capital of at least 20% of the estimated cost. - A net worth of at least 10% of the estimated cost. However, a specific value for the bid capacity is not directly provided, but a related value is mentioned as a CIBIL score of 600 or above for bidder eligibility.
Technical Capacity
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The required prior work experience for the bidder is at least 3 years in similar works. The bidder should have completed similar works worth at least 12% to 18% (including GST) of the estimated cost of the work during the last 5 years. Additionally, the bidder should have completed at least 2 similar works of value not less than Rs. 2500/- (including GST) each during the last 3 years. The bidder should also have a minimum annual turnover of a certain amount in the last 3 years and should have completed at least one similar work of a certain value in the last 5 years. Furthermore, the bidder should have experience in works like ਸਬਜੀ ਅਤੇ ਫਲ ਮੰਡੀ, ਅਨਾਜ ਮੰਡੀ, and other related works, with a completion value of at least 20% to 30% of the estimated contract value in the last 3 years. The bidder's credit score (CIBIL SCORE) should be at least 600 or above. A Performance Security of a certain amount, typically around 5% to 10% of the contract value, is also required.

Costs

  • EMD

    ₹ 4,38,129
  • Document Cost

    ₹ 5,000
  • Tender Fee

    ₹ 5,900

Description

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