Punjab Mandi Board Tender

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Punjab Mandi Board - DoA Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date27 Jan 2025
Closing Date17 Feb 2025
Tender Amount₹ 5,43,00,933 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid can be 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, the bidder should have: - For Works above Rs. 10.00 Crores: - 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. - The minimum turn over amount should be Rs. 217.204 Lacs. - The minimum value of one similar work is Rs. 434.408 Lacs, or - The minimum value of two similar works (each) is Rs 271.505 Lacs, or - The minimum value of three similar works (each) is Rs. 217.204 Lacs. - Minimum liquid assets and/or availability of credit facilities should be Rs. 54.301 Lacs. - The value of work may be enhanced at simple rate of 8% per annum. The bid capacity required is also related to the Bid Security (Earnest Money) and price adjustment formulas, including: * ADJUSTMENT FOR BITUMEN COMPONENT: Vb = Pb x (Bi-B0) * ADJUSTMENT FOR CEMENT COMPONENT: Vc = Nc x Rc (Ci-C0)/C0 The bidder should submit an undertaking that his available bid capacity is more than the estimated value of the project/work.
Technical Capacity
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The bidder is required to have prior work experience in civil engineering works. For works above a certain value, the bidder should have satisfactorily completed 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 needs to provide information on their experience in similar works, including details such as the name of the contract, location of works, type of works, and value of the total contract. The bidder is also required to provide information on their current commitments on all contracts that have been awarded, including contract value, percentage of work completed, estimated amount of work outstanding, and percentage of work outstanding. 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 bid capacity is calculated using a formula that takes into account the maximum value of civil engineering works executed, the number of years prescribed for completion of the project, and the value of existing commitments. Specifically, the bidder should have completed works with values such as: - One similar work of value not less than 80% of the estimated cost of work - Two similar works each of value not less than 50% of the estimated cost of work - Three similar works each of value not less than 40% of the estimated cost of work The bidder is also required to provide information on their annual turnover from construction works for the last three years, with the turnover amount to be given in the relevant currency and figures in INR to be worked out as per SBI Foreign Currency selling rates prevalent on 01.04.20. Additionally, key personnel to be deployed on contract work are required to have minimum qualifications and experience, including: - Project/Work Manager: BE (Civil) with at least 2 years of experience - Site Engineer: BE (Civil) & BE (Elect.) or Diploma (Civil / Elect.) with at least 2 years of experience - Plant Engineer: 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 - Survey Engineer: ITI qualified Surveyor (no specific experience mentioned)

Costs

  • EMD

    ₹ 10,86,000
  • Document Cost

    ₹ 30,000
  • Tender Fee

    ₹ 5,900

Description

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