Municipal Corporation Tender

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Municipal Corporation Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date18 Feb 2025
Closing Date12 Mar 2025
Tender Amount₹ 17,82,19,000 

AI Insights

Technical
Financial
Class Of Bidder
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The bidders must be registered in class (A) for road works.
Bid Capacity
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The bid capacity required in the given tender can be calculated using the formula: Assessed Available Bid Capacity = (A*N*M) - B Where: A = Maximum value of works executed in any one year during the last five years (updated to the current price level) N = Number of years prescribed for completion of the works for which the bids are invited M = 2.5 B = Value at current price level of the existing commitments and ongoing works to be completed during the next 05 year (period of completion of works for which bids are invited). The total bid capacity available shall be more than the estimated contract value. In case of a joint venture, the available bid capacity will be applied for each partner to the extent of his proposed participation in the execution of the works. Alternatively, it can also be inferred that the bid capacity is at least 10% of the contract value for a single contract. For multiple contracts, the bidder must meet the aggregate qualification criteria. However, another source also mentions that in no case, the contract shall be awarded to any bidder whose available bid capacity is less than the evaluated bid price, even if the said bid is the lowest evaluated bid. The contract will in such cases be awarded to the next lowest bidder at his evaluated/negotiated bid price. To qualify for more than one contract/package, the bidder(s) must demonstrate having experience and resources sufficient to meet the aggregate of the qualification criteria for each contract. The bidder should demonstrate that he has access to, or has available, liquid assets (aggregate of working capital, cash in hand and uncommitted bank guarantees) and/or credit facilities of not less than 10% of the value of the contract/contracts applied for certified by the Bankers (Not more than 3 months old). But the exact formula for multiple contracts is not specified. Therefore, the bid capacity required can be summarized as: Assessed Available Bid Capacity = (A*N*M) - B, and at least 10% of the contract value for a single contract.
Technical Capacity
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The required prior work experience for the bidder includes completion of similar works with a minimum length equal to 50% of the total length of the package. The evaluation criteria for similar works include carriageway works, footpath works, street lighting works, roadside landscapes works, and underground utilities works, with specific marks allocated to each category. The bidder should have completed works as a prime contractor or as a member of a joint venture, with a similar nature and volume of work over the last five years. The bidder should provide information on the value of contracts completed, including the value of works remaining to be completed. For specific works, the required experience is as follows: - Roadside landscapes: minimum length equal to 50% of the total length of the package - Underground utilities works: minimum length equal to 50% of the total length of the package The value and percentage of similar works completed are considered as follows: - Substantially completed works mean those works which are at least 90% completed. - The bidder should have experience in works of a similar nature, with at least one similar work of the lead bidder, and size (at least one 40% in case of three similar works, one 50% in case of two similar works, or one 80% in case of similar nature works) of the estimated project cost for each of the last five years. - The bidder should have completed similar works with a value of at least 40% of the estimated project cost in case of three similar works, 50% in case of two similar works, or 80% in case of similar nature works. - The bidder should also have a minimum cash investment of up to 25% of the contract value of the work during implementation. The bidder should demonstrate having experience and resources sufficient to meet the aggregate of the qualification criteria for each contract. However, specific values and percentages of similar works completed are not consistently mentioned, but some values like 40%, 50%, 80%, 25%, and 90% are mentioned in the given information.

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