Public Works Roads Department Tender

The bidder should have prior work experience in works of a similar nature and size, with a minimum value of at least 1/3rd of the respective value of work. The bidder should have completed works of a similar nature as a prime contractor over the last five years, with a completion rate of not less than 90% of the contract value. 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 is required to be at least 1/3rd of the contract value. The cost of completed works of previous years shall be given weightage of 10% per year based on the rupee value to bring them to the present price level. The bidder's annual financial turnover should be at least 67% of the DNIT value in any one year. Relaxation in qualification criteria is available for unemployed Graduate/Diploma Engineers of Assam, with a minimum annual financial turnover of 25% of the DNIT in any one year. The evidence of access to or availability of credit facilities should be at least 10% of the notified contract value, certified by the bankers. The bidder should also provide a list of existing commitments with the value of remaining work as on the date of submission of the bid, and the bidder's financial annual turnover for the last 5 years, along with the audited Balance sheet of the last 5 years. The bidder should have a minimum cash investment of up to 25% of the value of the work during the implementation of the contract.