Jhansi Development Authority Tender

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Jhansi Development Authority - JDA Tender

Works
Civil And Construction
Road Construction
Consultancy Services
Civil And Architectural Services
Eprocure
Opening Date15 Feb 2025
Closing Date4 Mar 2025
Tender Amount₹ 3,85,63,474 

AI Insights

Technical
Financial
Bid Capacity
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To determine the bid capacity required, specific formulas and criteria are provided. The primary formula for solvency, a key measure of bid capacity, is 40% of the total estimated cost. Additionally, there are specific experience and turnover requirements. For experience, the requirements are based on the value of similar works completed, which can be 40%, 60%, or 80% of the estimated cost. The turnover requirement is 30% of the estimated cost, averaged over 3 years. Given an estimated cost of Rs. 3,85,63,474.00, the calculated values for experience requirements are: 1. 40% of the estimated cost: Rs. 1,54,25,389.60 2. 60% of the estimated cost: Rs. 2,31,38,084.40 3. 80% of the estimated cost: Rs. 3,08,50,779.20 These values represent the bid capacity required to bid on the tender, following one of the specified formulas for similar completed works.
Technical Capacity
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The required prior work experience for the bidder includes experience in specific types of work, such as bituminous road work, building construction, sewer and water supply, sewer cleaning, survey work, and others. The bidder should have completed similar works with the following values and percentages: * Three similar completed works each costing not less than the amount equal to 40% of estimated cost put to tender. * Two similar completed works each costing not less than the amount equal to 60% of estimated cost put to tender. * One similar completed work costing not less than the amount equal to 80% of estimated cost put to tender. The experience should be of having successfully completed works during the last 5 years ending last day of the month previous to the one in which applications are invited, with the same conditions of three, two, and one similar completed works with 40%, 60%, and 80% of estimated cost put to tender, respectively.

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