Irrigation Department Tender

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Irrigation Department Tender

Works
Civil And Construction
Civil Works Others
Irrigation Work
Eprocure
Opening Date15 Feb 2025
Closing Date21 Feb 2025
Tender Amount₹ 4,94,00,000 

AI Insights

Technical
Financial
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is Category A or above.
Bid Capacity
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The bid capacity required in the given tender can be determined using the formula: 2AN - B, where A, N, and B have specific meanings. A = Maximum Value of Civil Engineering works executed in any one year during the last Five years, N = Number of years prescribed for completion of the works, B = Value of existing commitments. Alternatively, the bid capacity required is related to the average annual financial turnover of the bidder, which should be at least 30% of the cost of the work (without GST). The formula for this can be represented as: Average Annual Turnover ≥ 0.3 * COST OF WORK (without G.S.T). For the given tender with a cost of work of Rs. 494.00 Lakh, the required turnover is: Required Turnover = 0.30 * 494.00 Lakh = 148.20 Lakh. Thus, the bid capacity required can be summarized as: - Average annual financial turnover: at least 30% of the cost of the work. - Calculation: 0.30 * Cost of Work. - Specific value for this tender: at least Rs. 148.20 Lakh.
Technical Capacity
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The required prior work experience for the bidder includes having successfully completed similar nature of civil works during the last 7 years. The specific requirements are as follows: - Three similar completed works costing not less than 40% of the estimated cost. - Two similar completed works costing not less than 50% of the estimated cost. - One similar completed work costing not less than 80% of the estimated cost. The experience will be updated by giving 8% simple weightage per year to bring them to the current financial year price level. A work experience certificate should not be issued below the rank of Executive Engineer.

Costs

Summary

Protection Of Village Shiwal Mathiya At Right Bank Of River Sarayu

Description

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