Irrigation Department Tender

Category or above, as registered in Uttar Pradesh Irrigation Department, however the exact category is not specified.

The bid capacity required in the given tender can be calculated using the formula: 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 bid capacity should be greater than the Estimated Value of the work. Additionally, there are other criteria for bid capacity, including: 1. Turnover: Average Annual Turnover ≥ 0.3 * COST OF WORK 2. Similar Work: - 3 * Value of Similar Work ≥ 0.4 * Estimated Cost - 2 * Value of Similar Work ≥ 0.5 * Estimated Cost - 1 * Value of Similar Work ≥ 0.8 * Estimated Cost 3. Financial Soundness (Profitability): The bidder should submit audited financial statements to demonstrate their current soundness and prospective long-term profitability.