than the total bid value of total bid is Rs to financial year level by value. The available 37.1548 crore as defined adding 5% annually from the bid capacity will be on page no. 5 of bid work completed year. calculated as under: documents. Kindly confirm Ongoing work and bids likely Assessed Available to be awarded shall be Bid capacity = (3) elaborate how submitted. ( A*N*1.5 - B ) the 2015 price level shall where be calculated. Further, A = Maximum value provide us the exact date of civil on which these 2015 price engineering levels will be considered works executed in (for example 31st March any one year during 2015 or 31st Dec-2015 the last five etc.). years …….. the completed as well as (4) We understand that works in progress. bidder has to submit the B = Value, at 2015 value of ongoing work price level, of (Dredging Work)to be existing completed during one year commitments and from bid submission on-going works to date. Kindly confirm. be completed during the next 1 year (period of
than the total bid value. The available bid capacity will be calculated as under: Assessed Available Bid capacity = ( A*N*1.5 - B ) where A = Maximum value of civil engineering works executed in any one year during the last five years …….. the completed as well as works in progress. B = Value, at 2015 price level, of existing commitments and on-going works to be completed during the next 1 year (period of value of total bid is Rs 37.1548 crore as defined on page no. 5 of bid documents. Kindly confirm (3) elaborate how the 2015 price level shall be calculated. Further, provide us the exact date on which these 2015 price levels will be considered (for example 31st March 2015 or 31st Dec-2015 etc.). (4) We understand that bidder has to submit the value of ongoing work (Dredging Work)to be completed during one year from bid submission date. Kindly confirm. to financial year level by adding 5% annually from the work completed year. Ongoing work and bids likely to be awarded shall be submitted.
Pre%20bid%20clarifications%20for%20the%20NMK%20works.docx