Public Works Roads Department Tender

The required prior work experience for the bidder includes having achieved a minimum annual financial turnover of 67% of the DNIT value in any one year. The bidder should have satisfactorily completed at least one similar work of value not less than 1/3 of the DNIT value, with a completion rate of not less than 90% of the contract value. Additionally, the bidder should have executed in any one year, the minimum quantities of the major items of work, usually not less than 40% of the estimated quantity. The value of similar work should be at least 1/3rd of the contract value. The bidder should have experience in similar work over the last five years. The cost of completed works of previous years shall be given weightage of 10% per year based on rupee value to bring them to the present price level. The bidder should have completed at least one third of the contract value in similar work, but the exact amount and percentage of similar works completed are not consistently specified. However, it is mentioned that the bidder should have a minimum annual financial turnover of 67% of the DNIT value in any one year, and have experience in works of a similar nature and size, with a total monetary value of civil construction work performed for each of the last five years. The bidder needs to provide a certificate of similar nature of work done, completed in the last 5 years, and a certificate of executed quantities of work done in the last 5 years. The bidder also needs to provide a list of existing commitments with the value of remaining work as on the date of submission of the bid, and an audited balance sheet of the last 5 years.