Corporation Of Chennai Tender

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Corporation Of Chennai Tender

Works
Civil And Construction
Drainage Work
Eprocure
Opening Date3 May 2025
Closing Soon15 May 2025
Tender Amount₹ 4,02,30,000 

AI Insights

Technical
Financial
Additional Eligibility
Class Of Bidder
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Class I Registered contractor
Bid Capacity
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There are two possible formulas for bid capacity. The first one is: Assessed Available Bid capacity = (A x N x 1.5 - B), where A is the maximum value of civil engineering works executed in any one year during the last five years, N is the number of years prescribed for completion of the works, and B is the value of existing commitments on on-going works. The second one is: Bid Capacity = 1.5 * Package Value, where Package Value is the value of the project being bid.
Technical Capacity
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The bidder should have experience in executing works similar to the one being bid, with experience certificates for works executed in Government contracts considered. 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. The 80% of the package value is Rs. 321.84 Lakhs. The bidder should have a minimum of 10% weightage for each year of experience in similar works. However, the exact percentage of similar works completed is not explicitly mentioned. The bidder should have experience in civil engineering works such as Storm water drain works, Canal works, and Pond works. They 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, with the 1.5 times of the Package value being Rs. 603.45 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 in at least any two financial years in the last five years. The bidder should also have completed works with a construction cost, but the specific amount is not mentioned. However, they need to provide a performance certificate for the completed work, which will be considered subject to verification. The required prior work experience includes having a Senior Engineer with BE Civil and 5 years of experience, and a Site Engineer with BE Civil and 2 years of experience. The contract should be completed within 3 months with the following rate of progress: - 30% of work completed in the 1st month - 60% of work completed in the 2nd month - 100% of work completed in the 3rd month The amount of Bid Security is Rs. 4,03,000, and the Performance Security will be 2% of the contract amount. Values and percentages mentioned include: - 80% of the package value: Rs. 321.84 Lakhs - 1.5 times the package value: Rs. 603.45 Lakhs - 10% weightage for each year of experience in similar works - 150% of the project value - 2% of the contract amount for Performance Security - 30% of work completed in the 1st month - 60% of work completed in the 2nd month - 100% of work completed in the 3rd month - 50% of the total value of the project: Rs.201.15 Lakhs

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