Bridge And Roof Company India Limited Tender

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Bridge And Roof Company India Limited Tender

Works
Civil And Construction
Paints and Enamels
Road Construction
Eprocure
Opening Date15 Feb 2025
Closing Soon28 Feb 2025
Tender Amount₹ 2,34,62,624 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required can be calculated using the estimated value and the percentage increase/decrease quoted by the bidder. However, the exact formula is not provided. One possible approach is to use the estimated value and the quoted price, where the quoted price is calculated as: Quoted Price = Estimated Value + (Estimated Value * Percentage Increase) For example, if the bidder quotes a 10% increase, the quoted price would be: Quoted Price = Rs. 2,34,62,624.00 + (Rs. 2,34,62,624.00 * 0.10) = Rs. 2,34,62,624.00 + Rs. 23,46,262.40 = Rs. 2,58,08,886.40 Alternatively, the bid capacity required can also be inferred as Rs. 4,70,000.00, which is the value of the Earnest Money Deposit (EMD). In another context, the total bid value is given as 2,34,62,624, and the formula to calculate the total bid value is: Total Bid Value = Σ (Quantity x Rate) Where Σ denotes the sum of all items. Therefore, the bid capacity required in the given tender can be calculated using the above formulas, with the total bid value being 2,34,62,624, and the EMD value being Rs. 4,70,000.00.
Technical Capacity
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The required prior work experience for the bidder includes having completed similar works, specifically painting work on steel surfaces in any industrial sector or project, including supply of all materials. The experience requirements are as follows: - One similar completed work costing not less than Rs. 2.0 CRORE - Or two similar completed works each costing not less than Rs. 1.25 CRORE - Or three similar completed works each costing not less than Rs. 1.0 CRORE The bidder should also have an average annual financial turnover of not less than Rs. 0.75 CRORE during the last 3 financial years. Substantial completion of works is considered as 80% or more of the works completed under the contract. The value of executed works can be adjusted to the current cost level by enhancing the actual value at a simple rate of 7% per annum.

Costs

Summary

Bnr/hrrl/71127/ Painting-tank/nit/02

Description

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Documents
SUPPLY AND APPLICATION OF PAINT ON TANKS AND ITS ASSOCIATED ITEMS IN CONNECTION WITH THE JOB OF INTERMEDIATE AND PRODUCT STORAGE TANKS INCLUDING TANK PADS AND ASSOCIATED CIVIL WORKS AT PACKAGE 6B HRRL RAJASTHAN
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