Procurement Security & Bond Dashboard

Public Procurement Act (PPA) Nepal Compliant Engineering Estimation Toolkit

1. Bid Security / Bond Evaluation

PPA 2063 / PPR 2064
Rs.
S.N. Description Amount / Calculation Details Remarks
1 Security Base Parameter (2% - 3%) 2.60% = 0.00 2.6% Consider
Total Bid Security Bond Required 0.00 Approx

Guidelines & Framework

  • Bid Security parameter typically scales between 2% and 3% of total approved cost estimate framework.
  • Baseline fiscal estimation mandates evaluation inclusive of absolute Value Added Tax (VAT) and explicit Provisional Sum lines.

2. Performance Security / Bond Evaluation

Threshold Rules Applied
Rs.
Rs.
S.N. Analytical Evaluation Item Amount / Calculated Metrics Status Variant
1 Absolute Variance Profile (Estimate - Bid) 0.00 —
2 Percentage Variance Below Estimate 0.00% Standard
3 Basic Primary Performance Bond (5%) 0.00 5% of Bid Price
4 Additional Escalated Security Mitigation 0.00 PPA Provision
Total Mandatory Performance Bond Securement 0.00 Approx

Dynamic Legal Framework Provisions

  • Rule I If bid price evaluation rests up to 15% below estimate, the mandatory security equals a flat 5% of the Contractor's Bid Price.
  • Rule II If the evaluation plunges more than 15% below estimate, additional provisions activate via the structured mathematical scale:
    PS Amount = [ (0.85 × Cost Estimate − Bid Price) × 0.5 ] + 5% of Bid Price