Corporation Of Chennai Tender

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Corporation Of Chennai Tender

Works
Civil And Construction
Drainage Work
Eprocure
Opening Date11 Feb 2025
Closing DateCancelled
Tender Amount₹ 7,59,49,000 

AI Insights

Technical
Financial
Class Of Bidder
Bid Capacity
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To determine the bid capacity required, we look at the financial requirements specified. The bidder should have a minimum annual financial turnover of 1.5 times the project value and access to liquid assets of at least 50% of the project value. Given calculations: - 1.5 times of the Package value = Rs.1139.24 Lakhs - 50% of the Package value = Rs.379.75 Lakhs This implies the package value is Rs.759.49 Lakhs. Therefore, the bid capacity required includes: - Minimum Annual Turnover: Rs.1139.24 Lakhs - Liquid Assets: Rs.379.75 Lakhs However, the provided context does not explicitly state a formula for calculating the bid capacity in terms of value beyond these requirements. Given the information and the specific query about extracting bid capacity required in the tender, including value and formulas, and considering that a direct formula or specific value for "bid capacity" is not explicitly provided beyond the requirements for equipment, personnel, and financial securities, the detailed financial requirements can be considered as part of the bid capacity. Thus, the bid capacity required can be summarized based on the provided financial requirements.
Technical Capacity
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The bidder should have experience in civil engineering works such as Storm water drain works, Canal works, and Pond works. They 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 31.01.2025 in State Government Department / Undertaking / Local Bodies. The value for this prior work experience is mentioned as 80% of the Package value, which is Rs. 607.59 Lakhs. This means the bidder should have completed a similar work of at least Rs. 607.59 Lakhs, which is 80% of the package value.

Costs

Summary

Demolition And Reconstruction Of Storm Water Drain Of Size 2100x2100mm Along Thiruvalluvar Salai (from Kothari Nagar 2nd Main Road To Disposal Point Near Nandhambakkam Canal) In Div.155, Zone-11.

Description

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