International Research Journal of Engineering and Technology (IRJET)
e-ISSN: 2395 -0056
Volume: 04 Issue: 03 | Mar -2017
p-ISSN: 2395-0072
www.irjet.net
A CONTRACT BIDDING PROCESS IN CONSTRUCTION INDUSTRY JANANI S1, SASI KUMAR M2 1Student,
Dept. of Civil Engineering, Erode Builders Educational Trust’s group of institutions, Tamil Nadu, India Dept. of Civil Engineering, Erode Builders Educational Trust’s group of institutions, Tamil Nadu, India
2Professor,
---------------------------------------------------------------------***--------------------------------------------------------------------1.2 Eligibility Criteria for technical bid
Abstract – Construction contractor selection methods are
fundamentally different from other service contract. In the present scenario, there are numerous types of construction contract but the choice of contract depends on money and contract strategy. In most of the cases construction work is awarded mainly on the basis if competitive bidding. Under this system, project owner invites a interested contractors to compete for a project by tendering bids. The award is made on basis of the bidder with lowest quoted price. Keywords: Contractor, Bidding, Award, Bidder, Money, Lowest, etc...
1. BIDDING PROCESS Bidding is the process of setting a price; bidder is interested to pay for the project. The ultimate aim of the bidding process is to maximize the value of money by creating competition among bidders. The bidding process includes, 1. List of websites 2. Eligibility criteria for technical bid 3. Technical bid enclosures 4. Prequalification document
The following criteria is mandatory for technical bid evaluation in any type of project 1. Financial bid capacity ( A*N*2) – B (equal or more than the estimated cost) A - Maximum annual turnover last 5 years N - Duration of the project to be done B - Balance work on hand 2. Similar works 3. Bank balance
1.3 Technical Bid Enclosures A detailed analysis has been done in order to figure out the bid preparation and enclosures during bid preparation. A data and factors considered in bid preparation has discussed. The following are the list of enclosures to be attached while submitting technical bid for tender, 1.
Fresh certificate of incorporation consequent upon change of name
2.
PWD registration for construction works
3.
PWD registration for Electrical contractor Electrical Licensing Board (License)
4.
Tamil Nadu Value Added Tax Act, 2006 (1. Registration Certificate 2.Clearance Certificate)
5.
Certificate of Sales Tax Verification
6.
PAN card (in the name of company)
7.
Certificate of central excise department (conditions prescribed in chapter V of the FINANCE ACT,1994)
8.
Power of Attorney
9.
Stamp paper – BOARD MEETING MINUTES (consider & authorize directors to do all acts,deeds,etc., and on behalf of the company in respect of any contract)
1.1 List of websites The following are the some of the online websites to collect details about the notifying tenders and tender process, 1. www.tntenders.gov.in 2. www.tnderwizard.com/CPWD 3. www.tenderwizard.com/NBCC 4. www.north.eproc.in (old) 5. www.north.eproc.in (new) 6. www.bpdeproc.in 7. www.eprocure.gov.in 8. www.tenderdetail.com 9. www.domexinfo.com 10. www.sr.indianrailways.gov.in 11. www.CPWD.com / www.cpwd.gov.in 12. www.eproc.karnataka.gov.in 13. www.tendertiger.com 14. www.ireps.gov.in 15. www.eprocurement.gov.in
10. Employees provident fund organization (forms to be maintained) 11. Turnover certificate ( last 5 years)
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