Corporation Of Chennai Tender

The bidder should have experience in executing works in the relevant field. Specifically, the bidder should have prior work experience, including: - Senior Engineer: 5 years of experience - Site Engineer: 2 years of experience The bidder should have completed similar works, such as Storm water drain works, Canal works, and Pond works. The bidder should have executed at least one work not less than 80% of the value put in tender under a single agreement, with a specific value of 80% of the Package value being Rs. 381.46 Lakhs. Additionally, the bidder should have achieved a minimum annual financial turnover in civil engineering construction work of 1.5 times the value of the project being bided, which is 150% of the project value, calculated as Rs. 715.25 Lakhs. The bidder should also provide evidence of access to financial resources, which is 50% of the total value of the project, amounting to Rs. 238.42 Lakhs, and 50% of the Package Value. The bidder's available bid capacity for construction work should be equal to or more than the total bid value of the work, calculated based on the maximum value of civil engineering works executed in any one year during the last five years. The value of works executed and Financial Turnover of the previous years shall be given a weightage of 10% each per year to bring them to the price level of 2023-24. The weightage is as follows: 2023-24: 1X value of works executed / Financial Turnover 2022-23: 1.10 X value of works executed / Financial Turnover 2021-22: 1.21X value of works executed / Financial Turnover 2020-21: 1.33 X value of works executed / Financial Turnover 2019-20: 1.46 X value of works executed / Financial Turnover The bidder should have access to financial resources, including liquid assets, unencumbered real assets, lines of credit, and other financial resources sufficient to meet 50% of the projected construction cash flow requirements. The bidder should have a minimum key personnel as specified, and proposals for the timely acquisition of essential equipment. The bidder's record of poor performance, consistent history of litigation, or participation in previous bidding with unreasonably high bid prices may lead to disqualification. The bidder should have experience in civil engineering works, and should have executed at least one work not less than 80% of the value put in tender under a single agreement in any one of the preceding five years ending 31.03.2025 in State Government Department / Undertaking / Local Bodies, with a specific value of 80% of the Package value being Rs. 381.46 Lakhs. The bidder should have achieved a minimum annual financial turnover in civil engineering construction work of 1.5 times the value of the project being bided, which is 150% of the project value, calculated as Rs. 715.25 Lakhs. The bidder should provide evidence of access to, or availability of, liquid assets, unencumbered real assets, lines of credit, and other financial resources sufficient to meet the projected construction cash flow requirements, estimated to be 50% of the total value of the project, which is Rs. 238.42 Lakhs. The bidder should have experience in civil engineering works, and should have executed at least one work not less than 80% of the value put in tender under a single agreement in any one of the preceding five years ending 31.03.2025 in State Government Department/ Govt. Undertaking / Local Bodies, with a specific value of 80% of the Package value being Rs. 381.46 Lakhs. The 80% of the Work Value is Rs.381.46 Lakhs.