Irrigation Department Tender

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Irrigation Department Tender

Works
Civil And Construction
Civil Works Others
Eprocure
Opening Date17 Feb 2025
Closing Date22 Feb 2025
Tender Amount₹ 2,64,00,000 

AI Insights

Technical
Class Of Bidder
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Category "A" or above.
Bid Capacity
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The bid capacity required in the given tender to bid having value and formulas is: 1. Financial Capacity: Average annual turnover of at least 30% of the cost of work. - Formula: Minimum Required Turnover = 0.3 * COST OF WORK - Formula: Average Annual Turnover ≥ 0.3 * COST OF WORK 2. Experience Capacity: - Three similar completed works: 3 * (Value of each work) ≥ 0.4 * Estimated Cost - Two similar completed works: 2 * (Value of each work) ≥ 0.5 * Estimated Cost - One similar completed work: 1 * (Value of the work) ≥ 0.8 * Estimated Cost Additionally, the Assessed available Bid capacity formula is given as (2AN-B) should be greater than the Estimated Value of the work, where: - A = Maximum Value of Civil Engineering works executed in any one year - N = Number of years prescribed for completion of the works - B = Value of existing commitments However, the specific values for A, N, and B are not provided, so the exact calculation for (2AN-B) cannot be determined.
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: - Three similar completed works costing not less than 40% of the estimated cost. - Or, two similar completed works costing not less than 50% of the estimated cost. - Or, 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 it to the current financial year price level. A work experience certificate should be issued by an officer not below the rank of Executive Engineer. Additionally, the bidder should have average annual financial turnover during the last 3 years, which should be at least 30% of the COST OF WORK (without G.S.T). However, it's also mentioned that due consideration shall be given to the tenderer's previous experience in having handled works of similar nature and magnitude, but specific details such as the value and percentage of similar works completed are not consistently mentioned across all sources.

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