Public Works Building And NH Department Tender

The required prior work experience for the bidder includes satisfactorily 100% completing similar works during the last 7 years. The similar works requirements are as follows: i) Three similar works each costing not less than Rs.288.74 L (40%) of the estimated cost of the project OR ii) Two similar works each costing not less than Rs.360.925 L (50%) of the estimated cost of the project OR iii) One similar work costing not less than Rs.577.48 L (80%) of the estimated cost of the project. The value of executed works shall be brought to current costing level by enhancing the actual value of work done at simple rate of 7% per annum. The bidder should have experience in eligible similar nature of work during the last seven years, with a maximum of 20 marks assigned for this criterion. The bidder's experience in similar works will be evaluated based on the following criteria: - Experience in eligible similar nature of work during the last seven years (maximum 20 marks) - Performance on work - Time over Run (maximum 20 marks) - Performance on work - Quality (maximum 40 marks) To become eligible for shortlisting, the bidder must secure at least 50 percent marks in each section and 60 percent marks in aggregate. Additionally, the bidder should have had an average annual financial turnover of Rs. 360.925 L (50% of the estimated cost put to tender) on construction works during the last three consecutive years ending March 2024. The bidder should also have a solvency of minimum Rs. 288.74 L (40% of the estimated cost put to tender) or a net-worth certificate of minimum Rs. 72.185 L (10% of the estimated cost put to tender). The bidding capacity of the contractor should be equal to or more than Rs. 721.85 L. The bidder should furnish a list of all works of similar nature successfully completed during the last Seven years, along with performance reports corresponding to these works. The average value of performance of works for time overrun and quality shall be taken on the basis of performance reports of the eligible similar works. For the work mentioned, the bid value is Rs.1443.70 lakhs. The bidder should have completed similar works with a value that is not explicitly stated as a percentage of this amount, but it is mentioned that the bidder should have 100% completed similar works.