Airports Authority Of India Tender

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Airports Authority Of India - AAI Tender

Works
Civil And Construction
Paints and Enamels
Building Construction
Eprocure
Opening Date20 Feb 2025
Closing Date14 Mar 2025
Tender Amount₹ 8,61,63,268 

AI Insights

Technical
Financial
Bid Capacity
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To determine the bid capacity required, specific formulas and values are necessary. Given the information about the Earnest Money Deposit (EMD) and the estimated cost of the work, a formula can be applied: Bid Capacity = (Estimated Cost of Work / EMD). Using the provided values, the calculation would be Bid Capacity = (8,61,63,268.00 / 25,84,898.00). Performing this calculation yields the bid capacity required for the tender. Therefore, the bid capacity can be calculated as approximately 333.33 times the EMD.
Technical Capacity
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The bidder should have successfully or substantially completed three works, each of Rs.3,44,65,307, or two works, each of Rs.4,30,81,634, or one work of Rs.6,89,30,614 in a single contract, excluding GST, of similar nature of work, i.e., experience in general civil works excluding pavement works during the last seven years ending 31.01.2025. Substantial completion is based on 80% of award cost or more value-wise works completed under the contract. The value of executed works shall be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum. The specific values mentioned are: - Three works, each of Rs.3,44,65,307 - Two works, each of Rs.4,30,81,634 - One work of Rs.6,89,30,614 The percentage of similar works completed mentioned is 80% of the award cost or more.

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