Chennai Port Trust Tender
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Chennai Port Trust - CPT Tender
Works
Civil And Construction
Civil Works Others
Eprocure
Opening Date21 Feb 2025
Closing Date13 Mar 2025
Tender Amount₹ 5,27,45,125
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender can be calculated using the formula:
Available bid capacity = A x M x N - B
Where:
A = Maximum value of engineering works executed in any one year during the last five years (updated at the current price level @ simple rate of 7% per annum)
M = Multiplier Factor (usually 1.5)
N = Number of years prescribed for completion of the work in question
B = Value (updated at the current price level) of the existing commitments and ongoing works to be completed in the next 'N' years.
The bidder should possess the bidding capacity as calculated by this formula. The bid capacity should be more than the total bid value, which is Rs 527.45 lakhs (approx.) in this case.
Additionally, the bid capacity required is also mentioned as Rs 10,55,000/- (Rupees Ten lakhs fifty-five thousand only) as Earnest Money Deposit (EMD).
Technical Capacity
The required prior work experience for the bidder includes having successfully completed or substantially completed similar works during the last 7 years ending 31st January 2025. The similar works should be of "Permanent Way works/ Railway works / Construction of concrete roads/concrete pavements". Substantial completion shall be based on 80 (eighty) per cent (value wise) or more works completed under the contract.
The required prior work experience can be in the form of:
- Three similar completed works each costing not less than Rs 210.99 lakh
- Two similar completed works each costing not less than Rs 263.73 lakh
- One similar completed work costing not less than Rs 421.97 lakh
The value of similar works completed will be brought to the current price level by enhancing the actual value of work at a simple rate of 7% per annum, calculated from the date of completion to the date of bid opening. The percentage of substantial completion is 80% (value-wise) or more works completed under the contract.
Costs
EMD
₹ 10,55,000Document Cost
Refer DocumentsTender Fee
Refer Documents
Description
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Contact
Tender Id
2025_ChPT_850367_1Tender No
T/WMA4/08/2025/ETender Authority
Chennai Port Trust ViewPurchaser Address
-Website
https://www.chennaiport.gov.in/
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