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 Date27 Jan 2025
Closing Date4 Feb 2025
Tender Amount₹ 2,10,61,000 
This is an estimated amount, exact amount may vary.

AI Insights

Technical
Financial
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 determine the bid capacity required for the tender, we look at specific financial and technical requirements. 1. Similar Works Completion: The bidder must have completed similar works in the last seven years, with costs ranging from 40% to 80% of the tendered cost, depending on the number of projects. The calculations for this are as follows: - For three similar works: 3 * 0.4 * tender cost - For two similar works: 2 * 0.6 * tender cost - For one similar work: 0.8 * tender cost 2. Average Annual Financial Turnover: The bidder should have an average annual financial turnover of at least 30% of the tendered cost for the last three consecutive financial years. This is calculated as 0.3 * tender cost per year. 3. Solvency Certificate: A solvency certificate of an amount not less than 40% of the tendered cost is required. This is calculated as 0.4 * tender cost. Given the tender value is Rs. 4,21,250.00, we can calculate the required bid capacity as follows: - For Similar Works: - 40% of the Tendered cost for three works: Rs. 5,06,300.00 - 60% of the Tendered cost for two works: Rs. 5,06,300.00 - 80% of the Tendered cost for one work: Rs. 3,37,000.00 - Average Annual Financial Turnover: Rs. 1,26,375.00 per year for three consecutive years. - Solvency Certificate: Rs. 1,68,500.00 Therefore, the bid capacity required includes the ability to complete works of similar value, an average annual turnover, and solvency as specified.
Technical Capacity
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The bidder is required to provide details of work experience for the last 07 years, with a specific emphasis on similar nature works completed during this period. The information should include the value and percentage of similar works completed. The bidder needs to provide details of all works of similar nature completed during the last seven years, including the cost of work in lakhs of rupees, and the actual value of work done. To be eligible, the bidder should have successfully completed similar works during the last seven years, satisfying either of the following: - 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. Additionally, the bidder should have an average annual financial turnover (Gross) of 30% of the tendered cost on construction work of similar nature during the last three consecutive financial years. The bidder is also required to provide a performance report of works, including quality of works, financial soundness, technical proficiency, resourcefulness, and general behavior, as well as details on litigation/arbitration cases pending/in progress. The required information includes: - Name and address of the bidder - Name of work or project and location - Owner of sponsoring organization - Cost of work (in lakhs of rupees) - Date of commencement as per contract stipulated date of completion - Actual date of completion - Litigation/arbitration cases pending/in progress with details The performance report should also include: - Estimated cost - Tendered cost - Actual value of work done - Date of start - Date of completion (stipulated and actual) - Whether a case of levy compensation for delay has been decided or not, and if decided, the amount of compensation levied for delayed completion.

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