Uttar Pradesh Rajya Nirman Sahkari Sangh Limited Tender

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Uttar Pradesh Rajya Nirman Sahkari Sangh Limited - UPRNSS Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date12 Feb 2025
Closing Date17 Feb 2025
Tender Amount₹ 2,10,47,000 
This is an estimated amount, exact amount may vary.

AI Insights

Technical
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is Class "A".
Bid Capacity
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To extract the bid capacity required, we look at the financial and operational requirements outlined in the tender documents. The critical factors influencing bid capacity include financial strength, past performance, and the ability to meet specific regulatory and contractual requirements. The tender mentions several key requirements: 1. Average annual financial turnover of at least 30% of the tendered cost. 2. A solvency certificate of an amount not less than 40% of the tendered cost. 3. Completion of similar works with costs related to the tendered cost. Given the estimated cost of the work (21,047,000 INR), we can calculate the required bid capacity as follows: 1. Average annual financial turnover: 0.3 * 21,047,000 INR = 6,314,100 INR. 2. Solvency certificate: 0.4 * 21,047,000 INR = 8,418,800 INR. The formulas for the two key financial requirements are: 1. Average Annual Financial Turnover = 0.3 * Tendered Cost. 2. Solvency Certificate = 0.4 * Tendered Cost. These calculations provide a direct answer to the query regarding bid capacity requirements in terms of financial turnover and solvency. Therefore, the bid capacity required can be summarized as: - Average annual financial turnover of at least 6,314,100 INR. - Solvency certificate of at least 8,418,800 INR. - Completion of similar works with costs related to the tendered cost (40%, 60%, or 80% of 21,047,000 INR). The bid capacity required in terms of similar work completion can be calculated based on the tendered cost, but it's more about the number of similar projects and their costs rather than a direct formula. Hence, the bid capacity required is found with specific values and formulas.
Technical Capacity
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The required prior work experience for the bidder is that they should have successfully completed similar works during the last seven years. The specific requirements are as follows: - Three similar completed works each costing not less than 40% of the Tendered cost. - Two similar completed works each costing not less than 60% of the Tendered cost. - One similar completed work costing not less than 80% of the Tendered cost. The bidder should provide details of all works of similar nature completed, including cost of work, and a performance report of works. The cost of work should be provided in lakhs of rupees. In the given work, the estimated cost is 210.47 lacs. Therefore, the required prior work experience in terms of cost can be calculated as: - Three similar completed works each costing not less than 40% of 210.47 lacs, which is 84.19 lacs. - Two similar completed works each costing not less than 60% of 210.47 lacs, which is 126.28 lacs. - One similar completed work costing not less than 80% of 210.47 lacs, which is 168.38 lacs.

Costs

Description

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