National Bank For Agriculture And Rural Development Tender

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National Bank For Agriculture And Rural Development - NABARD Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date2 May 2025
Closing Date19 May 2025
Tender Amount₹ 4,24,50,000 

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is Class I.
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 2-B), where A is the Maximum value of construction works executed in any one year during the last five years, B is the Value at current price level of the existing commitments and ongoing works to be completed during the specified period, and N is the Number of years prescribed for completion of the works for which the bids are invited. The second one is: Bid Capacity = (Total outstanding value of all projects in progress + Value of this contract) / 5, where the period of contract is 5 months.
Technical Capacity
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The required prior work experience for the bidder includes experience in mechanized granular pavement construction, construction of asphaltic overlays, and construction of Bridge Works, including those with open foundations. The bidder should have prior work experience in similar works, including road and bridge works. The bidder should have successfully completed at least one contract (Highway road and/or Bridge works / Airport contract) with a value of at least 40% of the proposed contract in any one year within the last five years. The proposed contract value is Rs. 424.50 Lakhs, so the bidder should have completed a contract worth at least 40% of Rs. 424.50 Lakhs, which is Rs. 169.80 Lakhs, in any one year within the last five years. The bidder should have achieved an average annual turnover of at least 40% of the value of the contract applied for, which is Rs. 169.80 Lakhs, over the last five years. The bidder should demonstrate experience in similar nature of work, including minimum quantities of works completed in any one year during the last five years, such as: - Earth work: 1959 cum - GSB: 107 cum - WMM / WBM: 1019 cum - BM / DBM: 207 cum - BC/ SDBC/ CGPC / PCSC: 124 cum - CC / VCC / VRCC: 913 cum The required experience varies based on the contract value, with specific requirements for the number of B.E Degree Holders and Diploma Holders in Civil Engineering with relevant experience. The value of similar works completed is at least 40% of the proposed contract, which is Rs. 169.80 Lakhs. The percentage of similar works completed is 40% of the proposed contract.

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