Public Health And Municipal Engineering Department Tender

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Public Health And Municipal Engineering Department - PHMED Tender

Works
Civil And Construction
Civil Works Others
Opening Date25 Jan 2025
Closing Date12 Feb 2025
Tender Amount₹ 2,95,62,198 

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Technical
Financial
Bid Capacity
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The bid capacity required in the given tender is calculated using the formula: (3AN-B) > estimated contract value. Here, A = Maximum value of civil engineering works executed in its name in any one financial year during the last Ten financial years (updated to current Price level) N = Number of years prescribed for completion of the work for which Tenders are invited B = Updated value of Existing commitments and ongoing works to be completed during the period of completion of work for which Tenders are Invited. Annual Financial turnover and cost of completed works of previous years shall be updated by giving weightage of 10% per year to bring them to current price level. This formula provides the basis for determining the bid capacity required to participate in the tender.
Technical Capacity
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The bidder should have experience in civil engineering works. The bidder is required to have prior work experience, specifically in engineering works, and must have executed engineering works in the last 10 financial years. The maximum value of civil engineering works executed in its name in any one financial year during the last ten financial years is considered, updated to the current price level. For similar works completed, the bidder must have completed works that are not less than 90% of the contract value. Additionally, tenders with an excess of above 5% of the estimated contract value shall be summarily rejected, and for tenders which are less by more than 25% of the estimated contract value, the difference between the tendered amount and 75% of the estimated contract value shall be paid as an additional security. The bidder should also have a Graduate Engineer (Civil) with 5 years of experience and a Diploma Engineer (Civil) with 5 years of experience. The bidder should produce liquid assets / credit facilities / Solvency certificates from any Indian Nationalized / Scheduled banks of value not less than Rs. 98.54 Lakhs.

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