UP Jal Nigam Tender

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UP Jal Nigam - UPJN Tender

Works
Building Construction
Eprocure
Opening Date16 Jan 2025
Closing Date17 Feb 2025
Tender Amount₹ 18,84,22,212 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender 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 (0 to 6 months = 0.5 and 6 to 12 months = 1). B = Value of existing commitments to be completed during the execution period of the bid. The available bid capacity of the bidder at the expected time of bidding shall be more than the total estimated cost of the work for which the tender is invited. Additionally, the bidder should have a solvency of minimum 40% of the estimated cost put to tender. The turnover shall be corrected to the current level of value by multiplying with the updation factor, and escalation factors are provided for executed works and turnover. However, the specific value of the bid capacity required is not explicitly stated, but it can be inferred that the bidder's available bid capacity should be more than the total estimated cost of the work. The conditions for similar work experience and financial capacities are also outlined, requiring bidders to have executed similar works with specific minimum values relative to the estimated cost of the work put to bid. But the direct value or a specific formula that directly answers the query for the bid capacity required in terms of a specific value is provided as Assessed Available Bid Capacity = 2 x A x N – B.
Technical Capacity
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The required prior work experience for the bidder includes experience in executing similar type of works, specifically Construction of “RCC Framed Structure Building Work”. The bidder should have completed similar works with the following conditions: - Three similar works, each costing not less than 30% of the estimated cost of the work put to bid. - Two similar works, costing not less than 40% of the estimated cost of the work put to bid. - One similar completed work, costing not less than 60% of the estimated cost of the work put to bid. At least one completed work of similar nature should have been executed with some Central/State Government Organisation, costing not less than 30% of the estimated cost put to tender. The remaining work experience can be with reputed private organizations. 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 bidder should have a minimum average annual financial turnover of at least 30% of the estimated cost put to tender during the last 3 consecutive financial years. The bidder should also have a solvency of minimum 40% of the estimated cost put to tender. The available bid capacity of the bidder should be more than the total estimated cost of the work. The bidder should have successfully completed similar works during the last ten years. The bidder is required to provide a list of similar works executed during the last 10 years, along with supporting documents such as performance certificates. The percentages and amounts mentioned for similar works completed are: - 30% of the estimated cost of the work put to bid for three similar works. - 40% of the estimated cost of the work put to bid for two similar works. - 60% of the estimated cost of the 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. - 30% of the estimated cost put to tender for the minimum average annual financial turnover. - 40% of the estimated cost put to tender for the minimum solvency.

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