Corporation Of Chennai Tender

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Corporation Of Chennai Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date22 Apr 2025
Closing Date2 May 2025
Tender Amount₹ 4,41,00,000 

AI Insights

Technical
Additional Eligibility
Class Of Bidder
Bid Capacity
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The formula for Assessed Available Bid capacity is (A x N x 2-B), where A is the maximum value of construction works executed in any one year during the last five years, N is the number of years prescribed for completion of works, and B is the value of existing commitments and on-going works.
Technical Capacity
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The required prior work experience for the bidder is as follows: 1. Upto 2 Crore: One B.E Degree holder (or) One Diploma holder in Civil Engineering with Five years experience in similar works 2. Above 2 Crore upto 10crore: One B.E Degree holder in Civil Engineering with One year experience in similar works and One Diploma Holder in Civil Engineering with Five years experience in similar works 3. Above 10 Crore upto 50crore: One B.E Degree holder in Civil Engineering with One year experience in similar works and Two Diploma Holder in Civil Engineering with Five years experience in similar works. The bidder should have experience in similar BT Road Works and should have executed at least one work not less than 50% of the value put to tender under a single agreement in any one of the preceding five years, where 50% of the work value is Rs. 221.00 lakhs. The percentage of work completed is as follows: - 1st Month: 50% - 2nd month: 90% - 3rd Month: 100% The bidder should also have a working capital sufficient to finance at least 10% of the value put to tender, which is Rs. 45.00 lakh, and the minimum amount of liquid assets and/or credit facilities net of other contractual commitments of the successful Bidder shall be 10% of the tender work value of Rs. 45.00 lakh.

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