Uttar Pradesh Rajkiya Nirman Nigam Tender

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Uttar Pradesh Rajkiya Nirman Nigam - UPRNN Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date17 Jan 2025
Closing Date7 Feb 2025
Tender Amount₹ 2,44,86,000 
This is an estimated amount, exact amount may vary.
Notes
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Class Of Bidder
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B 4 or above Category of UPRNN and also a valid license of category A from the Chief Electrical Inspector for executing electrical works, and a valid class-II digital signature.
Bid Capacity
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To determine the bid capacity required, we look at the provided financial requirements and formulas. The bidding capacity can be calculated using the formula: Bidding Capacity = {[AxNx2]-B} Where, A = Maximum turnover in construction works executed in any one year during the last five years, N = Number of years prescribed for completion of work for which bid has been invited, B = Value of existing commitments and ongoing works to be completed during the period of completion of work for which bid has been invited. Alternatively, Bidding Capacity = {[AxNxM]-B} Where, A = Maximum value of civil Engineering works executed in any one year during the last five years, N = Number of years prescribed for completion of the works for which bids are invited, M = 2.0, B = Value of existing commitments and on-going works to be completed during the next 1.5 years. The bid capacity required in the given tender includes information on bid capacity, existing commitments, and ongoing works, as well as works for which bids have already been submitted, with specific details for each. Additionally, the tender documents mention financial requirements such as the Earnest Money Deposit (EMD), Performance Guarantee, and Security Deposit. The EMD is calculated as 2% of the estimated cost for works estimated to cost up to Rs. Ten Crores. Given the estimated cost of the work is Rs. 244.86 lakh + GST, the EMD would be 2% of the estimated cost, which is approximately Rs. 4.90 lakh, matching the specified EMD of Rs. 490,000/-. The Performance Guarantee is 5% of the tendered value, and the Security Deposit is 2.5% of the tendered value. Thus, the bid capacity required in terms of financial obligations includes: 1. Earnest Money Deposit (EMD): Rs. 490,000/- 2. Performance Guarantee: 5% of the tendered value 3. Security Deposit: 2.5% of the tendered value Formulas for calculation: - EMD = 2% of Estimated Cost (for costs up to Rs. Ten Crores) - Performance Guarantee = 5% of Tendered Value - Security Deposit = 2.5% of Tendered Value The bidder should also demonstrate access to liquid assets and/or credit facilities of not less than 10% of the value of the contract and invest a minimum of 25% of the contract value during implementation. The bid capacity required is: - Minimum 10% of the contract value as liquid assets or credit facilities - Ability to invest 25% of the contract value during implementation The contractor should have satisfactorily completed works in the last 7 years with specific costs and have an average annual financial turnover of Rs 97.95 Lakhs on civil work construction during the last three consecutive financial years. Formulas for calculating the required bid capacity are provided as: Bidding Capacity = {[AxNx2]-B} and Bidding Capacity = {[AxNxM]-B}. The required costs are directly stated as percentages of the estimated cost. Therefore, the bid capacity required in the given tender to bid having value and formulas is found.
Technical Capacity
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The required prior work experience for the bidder is not explicitly mentioned in terms of years, but it is mentioned that the bidder should have experience in similar work. The bidder should have completed works of similar nature during the last seven years ending on the previous day of the last date of submission of tenders. The bidder should have satisfactorily completed similar works in the last 7 years, with the following requirements: - Three similar completed works, each costing not less than Rs 97.95 Lakhs (40% of estimated cost) - OR Two similar completed works, each costing not less than Rs 146.92 Lakhs (60% of estimated cost) - OR One similar completed work, costing not less than Rs 195.89 Lakhs (80% of estimated cost) The bidder should also have an average annual financial turnover of Rs 97.95 Lakhs on civil work construction during the last three consecutive financial years, and an average annual turnover worth a minimum of 40% of the estimated cost. The value of similar works completed should be mentioned in Annexure-9, and it should include the cost of the work in lakhs of rupees. The bidder's bidding capacity should be worked out by a formula that takes into account the maximum turnover in construction works executed in any one year during the last five years, which is enhanced at a simple rate of 7% per annum. The bidder should demonstrate that they have access to or have available liquid assets and/or credit facilities of not less than 10% of the value of the contract. The bidder should furnish the following information regarding prior work experience: - List of all works of similar nature successfully completed during the last seven years in Form “C”. - The Performance Report of Similar works in Form “D”. The bidder's turnover of construction works for any one year during the last five years should be considered, updated to the current price level at a rate of 7% per annum. The value of executed works shall be brought to the current costing level by enhancing the actual value of work done at a simple rate of 7% per annum. The bid capacity shall be calculated as per Annexure-11. The bidder should have a valid certificate of financial turnover, which can be uploaded as an affidavit or certificate from a chartered accountant, mentioning the financial turnover of the last 5 years. The financial arrangements for carrying out the proposed work should be provided, and a sample format for evidence of access to or availability of credit facilities is given in Annexure-6. A bank certificate is required to certify that the bidder has a good financial standing and that the bank will be able to provide credit facilities if the contract is awarded. The earnest money deposit (EMD) is mentioned as 2% of the estimated cost inclusive of GST for works estimated to cost up to Rs. Ten Crores, and Rs. Twenty Lacs plus 1% of the estimated cost in excess of Rs. Ten Crore for works estimated to cost more than Rs. Ten Crores. The estimated cost of the work is Rs. 244.86 lakh + GST, and the Earnest Money Deposit is Rs. 490,000. The Performance Guarantee is 5% of the tendered value and Security Deposit is 2.5% of the tendered value. The average annual turnover worth minimum 40% of the estimated cost is required. The bidder should have experience in similar works, with a minimum value of Rs 97.95 Lakhs on construction works during the last Three Consecutive years ending 31st March 2024.

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