Irrigation Department Tender

The class eligibility requirement to bid or participate in this tender is Category "A or Above" as a registered contractor.

The bid capacity required in the given tender is as follows: 1. Turnover Requirement: Average Annual Turnover ≥ 0.3 * COST OF WORK (without G.S.T.) 2. Similar Work Experience Requirement: - 3 works ≥ 40% of the estimated cost - 2 works ≥ 50% of the estimated cost - 1 work ≥ 80% of the estimated cost 3. Bid Capacity Formula: 2AN - B - Where A = Maximum Value of Civil Engineering works executed in any one year during the last Five years (updated by giving 8% simple weightage per year) - N = Number of years prescribed for completion of the works - B = Value of existing commitments Additionally, the Earnest Money can be calculated using the following formula: - 50.00 if Tender Amount <= 2000 - 100.00 if 2000 < Tender Amount <= 5000 - 200.00 if 5000 < Tender Amount <= 10000 - 200.00 + (number of 5000 blocks beyond 10000) * 100.00 if Tender Amount > 10000