Jhansi Development Authority Tender

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Jhansi Development Authority - JDA Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date17 Feb 2025
Closing Soon4 Mar 2025
Tender Amount₹ 3,71,17,297 

AI Insights

Technical
Financial
Bid Capacity
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To determine the bid capacity required, we look at specific eligibility criteria and formulas. The criteria include solvency, turnover, and experience. 1. Solvency is 40% of the total estimated cost, which is 40% of Rs. 3,71,17,297.00, equaling Rs. 1,48,46,918.80. 2. Turnover is the average annual financial turnover on construction works, which should be at least 30% of the estimated cost during the last 3 consecutive financial years, amounting to Rs. 1,11,35,189.10. 3. Experience requires the tenderer to have completed works with a value of at least 40% of the estimated cost put to tender in the last 5 years, which is Rs. 1,48,46,918.80. Therefore, the bid capacity required can be summarized as: - Solvency: Rs. 1,48,46,918.80 - Turnover: Rs. 1,11,35,189.10 (average annual turnover over 3 years) - Experience: Rs. 1,48,46,918.80 (value of completed works in the last 5 years)
Technical Capacity
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The required prior work experience for the bidder includes having completed works during the last 5 years with Govt./Semi Govt./ PSU. The experience requirements are as follows: - Three similar completed works each costing not less than the amount equal to 40% of the estimated cost put to tender - Or, Two similar completed works each costing not less than the amount equal to 60% of the estimated cost put to tender - Or, One similar completed work costing not less than the amount equal to 80% of the estimated cost put to tender. Additionally, the experience required for similar works includes specific types of construction work such as Bituminous Road work, building construction, and sewer and water supply construction. The average annual financial turnover on Construction works should be at least 30% of the estimated cost during the immediate last 3 consecutive financial years.

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