Irrigation Department Tender

The class eligibility requirement to bid or participate in this tender is "AA" as a Contractor registered in Uttar Pradesh Irrigation Department.

The bid capacity required in the given tender to bid is calculated using the formula: 2AN - B. Where: 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 Additionally, the bid capacity can also be determined by the average annual financial turnover, which should be at least 30% of the COST OF WORK (without G.S.T.) during the last 3 years. The formula for this can be represented as: Average Annual Turnover ≥ 0.3 * COST OF WORK (without G.S.T.) The bid capacity required also considers the similar work experience, with specific requirements for the value or quantity of similar work completed in the last 07 years. The experience value is updated by giving an 8% simple weightage per year to bring it to the current financial year price level. - Value/Quantity of Similar Work: - 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. Given these requirements, the bid capacity can be summarized with the following key points and formulas: - Turnover Requirement: Average annual turnover ≥ 0.3 * COST OF WORK - Similar Work Experience: - For three works: 3 * Work Value ≥ 0.4 * Estimated Cost - For two works: 2 * Work Value ≥ 0.5 * Estimated Cost - For one work: 1 * Work Value ≥ 0.8 * Estimated Cost Where: - COST OF WORK is the cost of the work without G.S.T. - Estimated Cost is the estimated cost of the project. - Work Value is the value of each similar work completed, adjusted for the current financial year by applying an 8% simple weightage per year.