Municipal Corporation Tender

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Municipal Corporation Tender

Works
Civil And Construction
Civil Works Others
Eprocure
Opening Date26 Feb 2025
Closing Soon7 Mar 2025
Tender Amount₹ 3,50,00,000 

AI Insights

Technical
Financial
Class Of Bidder
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Class I contractor and above
Bid Capacity
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The bid capacity required in the given tender can be calculated using the following formulas: 1. Annual Minimum Financial Turnover: Not less than 100% of the value put to tender in a financial year in the preceding three years. - Annual Minimum Financial Turnover = Tender Value * 100% = Rs 350.00 lakhs 2. Working Capital: Sufficient to finance at least 15% of the value put to tender. - Working Capital Requirement = Tender Value * 15% = Rs 52.50 lakhs 3. Completion of Structural Steel Roof Building Work(s): Not less than 50% of the value put to tender under a single agreement in any one of the preceding three years. - Minimum Value of Completed Work = Tender Value * 50% = Rs 175.00 lakhs Therefore, the bid capacity required includes: - An annual minimum financial turnover of Rs 350.00 lakhs. - Working capital of at least Rs 52.50 lakhs. - Completion of a structural steel roof building work of at least Rs 175.00 lakhs in one of the preceding three years.
Technical Capacity
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The required prior work experience for the bidder includes the construction of steel structural buildings with a value of not less than 50% of the value put to tender under a single agreement in any one of the preceding three years for a government department/board/government undertaking. The bidder should have completed at least 50% of the value put to tender under a single agreement in one of the preceding three years. A specific value of Rs 175.00 lakhs is mentioned, and the bidder should have proof of having satisfactorily completed structural steel roof building work(s) of not less than 50% of this value. The bidder should also have been in the civil engineering construction field for at least the past five years. Additionally, the bidder's working capital should be at least Rs 52.50 lakhs. For certain positions, experience requirements are specified, including 5 years for B.E/ME Civil/Structural degree holders and 2 years for diploma holders in civil engineering.

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