Public Works Roads Department Tender

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Public Works Roads Department - PWRD Tender

Works
Civil And Construction
Bridge Construction
Eprocure
Opening Date6 Mar 2025
Closing Date2 Apr 2025
Tender Amount₹ 9,20,50,931 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid can be calculated using the formula: Assessed Available Bid capacity = (A x N x 2) - B Where, A = Maximum value of engineering works in respect of projects 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, B = Financial liability of the bidder to be incurred for existing commitments and ongoing works during the period of the subject contract. Additionally, the bidder must 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, and the bidder's Net Worth for the last year calculated on the basis of capital, profit, and free reserve available to the firm should be positive. The available Bid Capacity at the expected time of bidding should not be less than the Estimated amount put to tender of the intended job.
Technical Capacity
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The required prior work experience for the bidder includes having completed projects with more than 40% of the project cost executed during the last five years from the date of NIT. Additionally, the bidder should have completed a single running project that is similar in nature to the intended job, with a completion extent of 80% or more, and a value not less than 40% of the estimated amount put to tender of the intended job. The value and percentage of similar works completed are as follows: - More than 40% of the project cost - 80% or more completion extent - Value not less than 40% of the estimated amount put to tender - 30% and 20% in case of 2nd and 3rd Call respectively for both project cost and estimated amount. The bidder should have satisfactorily completed as a prime agency, at least one similar nature of work with a magnitude of more than 40% of the estimated amount put to tender. Alternatively, they can have completed at least two similar nature of works with a magnitude of at least 30% of the estimated amount put to tender. The bidder should also have one single running similar nature of work that has been completed to the extent of 80% or more, with a value of not less than 40% of the estimated amount put to tender. Other values mentioned include 25%, 75%, and 70%, which are percentages of the estimated amount put to tender. The executed value of completed or running work is considered as a credential, and the work order of relevant work(s) duly authenticated by the bidder is to be submitted. The credential certificate should be issued by the Executive Engineer or equivalent or competent authority. The validity period of the credential has been extended up to 7 years, excluding the Covid Pandemic Period 2020-2021 & 2021-2022. The bidder's experience is assessed based on the value of engineering works in respect of projects executed in any one year during the last five years. The calculation for the Assessed Available Bid capacity includes the maximum value of engineering works, the number of years prescribed for completion of the works, and the financial liability of the bidder. The formula for Assessed Available Bid capacity is: (AxNx2-B). The bidder's net worth for the last year should be positive, and their available bid capacity at the expected time of bidding should be more than the total estimated cost of the works.

Costs

Summary

Wbpwd/pw(r)/se/shc/nit No 19 Of 2024-2025(sl-03)

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