Rural Development And Panchayat Raj Department Tender

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Rural Development And Panchayat Raj Department - RDPR Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date12 Feb 2025
Closing Soon27 Feb 2025
Tender Amount₹ 5,89,54,000 

AI Insights

Technical
Financial
Class Of Bidder
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Class-I and above contractor.
Bid Capacity
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The bid capacity required in the given tender is a minimum cumulative financial turnover of 150% of the estimated value (including GST) of works. The formula for this is: Minimum cumulative financial turnover = 150% of estimated value (including GST) Given values are: Single work (50%) = 295.00 lakhs Minimum financial turnover (50%) in any one of the preceding three years = 295.00 lakhs Minimum cumulative financial turnover (150%) in last three years = 885.00 lakhs Formulas for calculating the required financial capacity are: 1. Minimum Annual Turnover = 0.5 * Estimated Tender Value 2. Minimum Cumulative Turnover over 3 years = 1.5 * Estimated Tender Value Additionally, the total bid price will be the cumulative Value quoted for construction, Fixed Maintenance cost and the Goods and Services Tax (GST), with the GST amount calculated at 18% from the sum of the Bid value (excluding GST) quoted by the bidder for construction Cost specified in the BoQ. Formulas for total bid price and GST are: Total Bid Price = Construction Cost + Fixed Maintenance Cost + GST GST = 18% of (Construction Cost)
Technical Capacity
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The required prior work experience for the bidder is not explicitly stated in terms of years. However, the bidder should have completed works of similar nature and magnitude with a value of more than Rs. 295.00 lakhs under a single agreement in the preceding three years. Regarding the value of similar works completed, the bidder should have satisfactorily completed at least one work of similar nature with a value not less than Rs.2,95,00,000/- (Rupees Two Crore Ninety Five Lakhs only) under a single agreement in any one of the preceding three years. The minimum cumulative financial turnover of the applicant shall be not less than Rs.8,85,00,000/- (Rupees Eight Crore and Eighty Five Lakhs only) from the civil engineering constructions in the last three years. The minimum annual financial turnover of the applicant shall be more than Rs.2,95,00,000/- (Rupees Two Crore Ninety Five Lakhs only) in any one of the preceding three years. The bidder should have a minimum cumulative financial turnover of 150% of the estimated value (including GST) of the works for which the bid has been invited, from civil engineering constructions in the last three years. Specifically, the minimum financial turnover requirements are: - Single work: 50% (i.e., 295.00 lakhs) - Minimum financial turnover in any one of the preceding three years: 50% (i.e., 295.00 lakhs) - Minimum cumulative financial turnover in the last three years: 150% (i.e., 885.00 lakhs) No specific percentage of similar works completed is mentioned.

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