Yamuna Expressway Industrial Development Authority Tender

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Yamuna Expressway Industrial Development Authority - YEIDA Tender

Works
Civil And Construction
Drainage Work
Eprocure
Opening Date19 Feb 2025
Closing Date4 Mar 2025
Tender Amount₹ 3,70,15,076 

AI Insights

Technical
Financial
Bid Capacity
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For works estimated to cost up to Rs. 10 crore, the bid capacity required can be calculated as 2% of the estimated cost. For works estimated to cost more than Rs.10 crore, the bid capacity required is Rs.20 Lacs + 1% of the estimated cost in excess of Rs.10 crore. Additionally, the bid capacity can also be determined based on the value of the works the tenderer has previously executed, with the following formulas: - For works between 10 Lacs and 15 Lacs: 2 * Bid Value - For works between 15 Lacs and 100 Lacs: 2 * Bid Value - For works between 100 Lacs and 2000 Lacs: 1 * 0.75 * Bid Value (or two jobs of this nature) - For works of 2000 Lacs and above: - 3 * 0.4 * Bid Value - 2 * 0.6 * Bid Value - 1 * 0.8 * Bid Value These formulas represent the minimum requirements for bid capacity based on the estimated cost of the work and the tenderer's previous work experience.
Technical Capacity
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The required prior work experience for the bidder includes experience in similar fields for the last four financial years in organized sectors. The tenderer must have experience of successfully executed work as stated below: 1. Works more than 10.00 Lacs: At least two jobs equal to the bid value, with experience in the last four financial years. 2. Works more than 15.00 Lacs and up to 100.00 Lacs: At least two jobs equal to the bid value, with experience in the last four financial years. 3. Works more than 100.00 Lacs and up to 2000.00 Lacs: At least two jobs equal to 75% of the bid value or one work equal to 75% of the bid value, with experience in the last four financial years. 4. Works of 2000.00 Lacs and above: At least three works each equal to 40% of the bid value, or two works each equal to 60% of the bid value, or one work equal to 80% of the bid value, with experience in the last four financial years. The bidder should have a cumulative turnover considered over three consecutive years out of the last four assessment years, with a relaxation of 20% in the value of turnover for working contractors. The experience certificates should clearly indicate the head bifurcation of works, such as Road, Drain, Sewer, Water supply, Building, Electrical, etc. The quantities given in the bill of quantities are approximate and are liable to variation up to 25% on either side without entitling the Contractor to any compensation or extra rate. The bidder should have a sound financial position and be capable of executing works in accordance with the specifications and within the specified time schedule. The value of similar works completed is mentioned as Rs. 500.00 Lacs, but it is not clear if this is the required value or just an example. The percentages of similar works completed mentioned are 75% and 25% for variation in quantities, and 40%, 60%, and 80% for works of 2000.00 Lacs and above.

Costs

Summary

Construction Of 24mtr. Wide Road,drain And Sewer Along Gh-1a/1, 1b/1, 1c/1, 1d/1, 1a/2, 1c/2,2a And Gh-2b In Sector -22d,yea. Wc-02

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