Irrigation Department Tender

Category A or above, as registered in Uttar Pradesh Irrigation Department as Contractor.

The Bid capacity required in the given tender to bid is calculated using the formula: Bid capacity = 2AN - B Where: A = Maximum Value of Civil Engineering works executed in any one year during the last Five years ending 31st March of the previous financial year (updated by giving 8% simple weightage per year to bring them to Current Financial Year price level) N = Number of years prescribed for completion of the works for which tenders are invited (period up to 6 months to be taken as half-year and more than 6 months as one year). B = Value of existing commitments i.e. agreemented works with agreement number & year and ongoing works with agreement number & year to be completed during the period of completion of the project for which tenders are invited. The Bidder should have the Assessed available Bid capacity as per this formula should be greater than the Estimated Value of the work, which is Rs. 494.00 Lakh. Additionally, other criteria for bid capacity include: - An average annual turnover of at least 30% of the cost of work. - Audited financial statements demonstrating financial soundness. - Experience in similar works with a total cost of at least 40% of the estimated project cost, as per the formulas: Average Annual Turnover ≥ 0.3 * COST OF WORK Total Cost of Similar Works ≥ 0.4 * Estimated Cost of the Project