UP Jal Nigam Tender

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UP Jal Nigam - UPJN Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date22 Jan 2025
Closing Date21 Feb 2025
Tender Amount₹ 4,03,44,000 

AI Insights

Technical
Bid Capacity
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The bid capacity required for the tender can be determined using the following formulas and values: 1. Average Annual Financial Turnover: 30% of the project cost put to tender. - Formula: 0.3 * Project Cost - Value: 0.3 * 403.44 = Rs. 121.0332 Lacs per year on average for the last 3 years. 2. Solvency: 40% of the estimated cost put to tender. - Formula: 0.4 * Project Cost - Value: 0.4 * 403.44 = Rs. 161.376 Lacs. Additionally, the Assessed Available Bid Capacity can be calculated using the formula: - Assessed Available Bid Capacity = 2 x A x N – B Where: - A = Maximum turnover during the last five financial years (corrected to the current level of value). - N = Stipulated period of execution of the work for which the tender is invited in years. - B = Value of existing commitments to be completed during the execution period of the bid. The turnover is corrected to the current level of value by multiplying with the updation factor provided for each financial year. Given the estimated cost of the project is Rs. 403.44 Lacs, the minimum average annual financial turnover and minimum solvency required can be calculated as follows: - Minimum average annual turnover = 30% of Rs. 403.44 Lacs = Rs. 121.03 Lacs. - Minimum solvency required = 40% of Rs. 403.44 Lacs = Rs. 161.38 Lacs.
Technical Capacity
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The required prior work experience for the bidder includes: - Three similar works each costing not less than 30% of the estimated cost of work put to bid, - Two similar works costing not less than 40% of the estimated cost of work put to bid, - One similar completed work costing not less than 60% of the estimated cost of work put to bid. At least one completed work of similar nature should have been executed with some Central/State Government Organisation, and the cost should be not less than 30% of the estimated cost put to tender. The similar work shall mean Construction of “RCC Framed Structure Building Works.” The value of executed works/turnover shall be brought to the current cost level by enhancing the actual value at the rate of 7% per annum at a simple rate. The cost of work can be certified by an officer not below the rank of Executive Engineer/Project Manager or equivalent. The bidder should have successfully completed similar works during the last ten years. The amount and percentage of similar works completed are as follows: - 30% of the estimated cost of work put to bid for three similar works - 40% of the estimated cost of work put to bid for two similar works - 60% of the estimated cost of work put to bid for one similar completed work - 30% of the estimated cost put to tender for at least one completed work with a Central/State Government Organisation.

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