Procurement for renovation of a fountain, including supply and fixing of tiles and LED lights. The estimated cost is Rs. 6,58,190 with a completion period of 3 months. Tenders are invited through e-procurement. Eligibility criteria include financial turnover, profit/loss, and experience in similar works. Bidders must submit scanned copies of post-qualification documents and financial bids online. The bid submission deadline and opening dates are as per the e-tender notice. A performance guarantee of 5% of the estimated cost is required.
The period of completion for the work is 03 months from the date of start as defined in schedule F or from the first day of handing over of the site, whichever is later.
Payment on account of work done on the allotted rates shall be made to the contractor after deduction of security deposit @2. 50 and other charges etc. from running bills as well as the final bill of the contractor.
All new installations should be guaranteed for a period of 12 months or for a more period as per manufacturers standards from the date of commissioning and completion of trial run period if any.
Eligibility criteria include average annual financial turnover of at least 30% of the estimated cost, positive profit after tax in more than two years, and successful completion of similar works. Bank solvency of 40% of the estimated cost is also required.
A tender will be treated as abnormally low if the quoted bid amount is lesser than 80% of the estimated cost, requiring an additional performance guarantee. Failure to submit documents or commence work can lead to forfeiture of earnest money and performance guarantee.
Intending bidders are advised to inspect and examine the site and its surroundings before submitting their tenders to satisfy themselves about the nature of the ground and subsoil.
Bids will be rejected if tender fees or earnest money are not deposited, if the bidder is found ineligible, or if the successful tenderer fails to submit hard copies of documents within seven days.
The estimated cost put to tender is Rs. 6,58,190.