Municipal Affairs Department Tender

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Municipal Affairs Department - MAD Tender

Works
Civil And Construction
Pipe Line Project
Eprocure
Opening Date20 Jan 2025
Closing Date13 Feb 2025
Tender Amount₹ 3,00,71,764 

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Bid Capacity
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The bid capacity required to bid can be determined by the following formulas and values: 1. Earnest Money (EM): 2% of the Estimated Amount put to Tender or Rs 10 Lakh, whichever is lower. 2. Security Deposit (SD): 10% of the value of works executed, which includes the Earnest Money already deposited. 3. Bid Capacity: At least 10% of the estimated cost put to tender, and also at least 20% of the tender amount (inferred from Annual Turn Over and Bank Solvency Certificate requirements). 4. Net Worth: The Bidder’s Net Worth for the last year should be positive. 5. Annual Turn Over: At least 20% of the amount put to tender in preceding five Financial years. 6. Bank Solvency Certificate: Not less than 20% of the amount put to tender within 12 months prior to the date of publication. Additionally, the bidder should have access to or have available liquid assets (aggregate of working capital, Cash-in-Hand, uncommitted Bank Guarantees) and/or credit facilities not less than 10% of the estimated cost put to tender.
Technical Capacity
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The bidder is required to have prior work experience in projects similar in nature to the work applied for, executed during the last 5 years. The experience profile should include a list of projects completed, with details such as name of employer, location and nature of work, name of consulting engineer, contract price in Indian Rs., percentage of participation of the company, original and actual dates of start and completion of work, and reasons for delay in completion, if any. The bidder should produce credentials of similar nature of completed work of the minimum value of 20% of the estimated amount put to tender during 5 years prior to the date of issue of the tender notice. Alternatively, the bidder should produce credentials of one single running work of similar nature which has been completed to the extent of 70% or more. The annual turnover of the bidder should be at least 20% of the amount put to tender in the preceding five financial years, and the bank solvency certificate should not be less than 20% of the amount put to tender within 12 months prior to the date of publication of the tender notice.

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