Subject: APPRO VAL O F CO N TRACTO R’S BID 1 7 .

2 5 % ABO VE BO Q FO R
CO N STRUCTIO N O F 0 1 N O . SET CAT-III FLATS AT O TP CO LO N Y
FESCO FAISALABAD
Brief:- Agenda Point No.14
1. Name of work:- 01 No. Set Cat-III Flats at OTP Colony FESCO
2. Location:- Near Officer Hostel
3. Tendered Cost:- Rs.1,42,01,435/-
4. Tender opening date:- 23.04.2013
5. Tender sold:- 03 No.
6. Participant in tendering:- 02 No.
7. Lowest bidder:- M/S A.Hameed & Sons Lahore
Lowest bid:- 17.25% Above BOQ
8.
Second lowest Bid 25.50% Above BOQ
Contract Amount:- Rs.1,66,51,183/-
Approval:- Approval of BOD is required
Basis of recommendation:-  Estimated cost was WCSR-2008 (WCSR-2008)
worth Rs.1,42,01,435/-
 Market rate analysis amount was Rs.1,76,70,845/-
which comes 24.43% above BOQ.
 Estimation as per WCSR-2013 is Rs.2,14,18,875/-.
The contract amount is 33.57% lower than WCSR
2013 the prevailing market rate.
Approval of bid offered by contractor 17.25% above
Required approval:- BOQ is required which is less than market based analysis
as well as basis of WCSR-2013.
 SCHEDULE RATE COMPARISION

Sr. No. Description of Item Rate in 2008 Market + 20% Rate in 2013
1. Cement per Bag 365/- 475 to 500 440/-
2. Bricks per thousand 3575/- 5500 to 6000 7000/-
3. Labour 01 Person 300/- 400 to 450 401/-
4. Masson 01 person 550/- 700 to 800 752/-
5. RCC 9873.81 13503.95
6. Plaster 176.60 272.51
Subject: APPRO VAL O F CO N TRACTO R’S BID 1 6 . 5 0 % ABO VE BO Q FO R
CO N STRUCTIO N O F DO UBLE STO RY O FFICE BUILDIN G XEN ( O P)
AN D R. O ( CS) N AZIMABAD AT MCP CO LO N Y FESCO FAISALABAD
Brief:-b Agenda Point No.15
Double Story Office Building XEN (Op) / R.O (CS)
1. Name of work:-
Nazimabad at MCP
2. Location:- MCP Colony Factory Area
3. Tendered Cost:- Rs.1,21,28,009/-
4. Tender opening date:- 23.04.2013
5. Tender sold:- 03 No.
6. Participant in tendering:- 03 No.
7. Lowest bidder:- M/S A.Hameed & Sons Lahore
8. Lowest bid:- First lowest bid 16.50% Above BOQ
Second lowest bid 25.50% Above BOQ
Third Lowest bid 27.35% Above BOQ
9. Contract Amount:- Rs.1,41,29,130/-
10. Approval:- Approval of BOD is required vide Section–V Clause 5.1 of
Book of Financial Power Disco’s January-2003
Basis of recommendation:-  Estimated cost on the basis of Rates-2008 (WCSR-
2008) is Rs.1,21,28,009/-
 Market rate analysis amount is Rs.1,75,80,876/-
which comes 24.43% above BOQ.
 Estimation on WCSR-2013 is Rs.1,90,69,953/-. The
contract amount is 40.74% lower than WCSR 2013
the prevailing market rate.
Required approval:- Approval of bid offered by contractor 16.50% above
BOQ is required which is less than market based analysis
as well as basis of WCSR- 2013.