Bid Capacity Criteria. Bid Capacity: The tenderers will be qualified only if their available bid capacity is more than the approximate cost of work as per NIT. Available bid capacity will be calculated based on the following formula: Available Bid Capacity = 2*A*N – B Where, A = Maximum of the value of construction works executed in any one year during the last five financial years (updated to last day of the month previous to the month of tender submission price level assuming 5% inflation for Indian Rupees every year and 2% for foreign currency portions per year). N = No. of years prescribed for completion of the work B = Value of existing commitments (as on last day of the month previous to the month of tender submission ) for on-going works during period of 06 months w.e.f. from the first day of the month of tender submission . Notes:
Bid Capacity Criteria. Bidders who meet the qualification criteria will be qualified only if their available bid capacity is more than the value put to Tender. The available bid capacity will be assessed at the time of Technical evaluation of Bids itself with reference to value put to Tender. In case of the Bidders who do not satisfy the requirement of the Bid Capacity, their bids will be treated as non-responsive and their price bids will not be opened. Assessed Available Bid capacity = ( A*N*1.5 - B ) Where A = Maximum value of engineering works executed in any one year during the last five years (updated to 2019-2020 price level) taking into account the completed as well as works in progress. N = Number of years prescribed for completion of the works for which bids are invited. B = Value at 2019-2020 price level, of existing commitments and on-going works to be completed during the next 24 months. Note : The statement showing the value of existing commitments and on-going works as well as the stipulated period of completion remaining for each of the works listed should be countersigned by the Engineer in charge, not below the rank of an Executive Engineer or equivalent. In case of the Bidders/Consortium Partners who formed part of Joint venture/ consortium in the past including for ongoing works, the references A & B would be determined based on the details for such partners who undertook/proposed to undertake physical execution of the works and in proportion to their participation in such joint ventures/consortiums. The assessed bid capacity of each of the consortium partners should be more than the required bid capacity. The required bid capacity for consortium partners would be determined on the basis of their participation in the consortium for the purpose of this tender. However, to qualify for the Bid capacity requirement, the lead partner should meet a major percentage of the turnover criteria and other partners should meet individually not less than 26% of the Bid capacity requirement. However, all the partners should collectively meet 100% of the Bid capacity requirement.
Bid Capacity Criteria. Bid Capacity: The tenderers will be qualified only if their available bid capacity is more than the approximate cost of work as per NIT. Available bid capacity will be calculated based on the following formula: Bid capacity will be calculated based on the following formula: Notes: Available Bid Capacity = 2*A*N – B Where, A = Maximum of the value of civil & P-way work executed in any one year during the last five financial years (updated to the last day of the previous month of tender submission price level assuming 5% inflation for Indian Rupees every year and 2% for foreign currency portions per year). N = No. of years prescribed for completion of the work B = Value of existing commitments (as on the last day of the previous month of tender submission) for on-going works during period of 36 months w.e.f. from the first day of the month of tender submission. Financial data for latest last five financial years has to be uploaded by the tenderer in Appendix-17 of Form of Tender along with audited financial statements. The financial data in the prescribed format shall be certified by the Chartered Accountant with his stamp and signature in original. Value of existing commitments for on-going works during period of 36 months w.e.f. from the first day of the month of tender submission has to be uploaded by the tenderer in Appendix- 18 of Form of Tender. These data shall be certified by the Chartered Accountant with his stamp and signature in original. In the case of a group, the above formula will be applied to each member to the extent of his proposed participation in the execution of the work. If the proposed % is not provided, equal participation will be assumed. Example for calculation of bid capacity in case of JV / Group Suppose there are „P‟ and „Q‟ members of the JV / group with their participation in the JV/ group as 70% and 30% respectively and available bid capacity of these members as per above formula individually works out „X‟ and „Y‟ respectively, then Bid Capacity of JV / group shall be as under: Bid Capacity of the JV / group = 0.7X + 0.3Y This eligibility requirement (i.e. „Bid Capacity‟) shall satisfy the condition given in clause 1.2.4 hereinafter.
Bid Capacity Criteria. Bid Capacity: The tenderers will be qualified only if their available bid capacity is more than the approximate cost of work as per NIT. In the case of a group, the Bid Capacity Criteria will be applied to each member to the extent of his proposed participation in the execution of the work. If the proposed % is not provided, equal participation will be assumed. The Bid submission of Bidders, who do not qualify the bid capacity criteria stipulated, shall not be considered for further evaluation and therefore rejected. Where, Notes: The available bid capacity will be calculated based on the following formula: Available Bid Capacity = 2*A*N – B A = Maximum of the value of construction works executed in any one year during the last five financial years (updated to 31.12.2016 price level assuming 5% inflation for Indian Rupees every year and 2% for foreign currency portions per year). N = No. of years prescribed for completion of the work B = Value of existing commitments (as on 31.12.2016) for on-going construction works during period of 30 months w.e.f. 01.01.2017. . Financial data for latest last five financial years has to be submitted by the tenderer in Form FIN – 3.2 along with audited financial statements. The financial data in the prescribed format shall be certified by the Chartered Accountant / Company Auditor with his stamp and signature in original with membership number.
Bid Capacity Criteria. Bid Capacity: The tenderers will be qualified only if their available bid capacity is more than the approximate cost of work as per NIT. In the case of a group, the Bid Capacity Criteria will be applied to each member to the extent of his proposed participation in the execution of the work. If the proposed % is not provided, equal participation will be assumed. The Bid submission of Bidders, who do not qualify the bid capacity criteria stipulated, shall not be considered for further evaluation and therefore rejected. Where, Notes: The available bid capacity will be calculated based on the following formula: Available Bid Capacity = 2*A*N – B A = Maximum of the value of construction works executed in any one year during the last five financial years (updated to 31.01.2017 price level assuming 5% inflation for Indian Rupees every year and 2% for foreign currency portions per year). N = No. of years prescribed for completion of the work
