Public Works Roads Department Tender

The required prior work experience for the bidder includes work of a similar nature performed as a prime contractor over the last five years. The bidder should have completed a similar work with a value of at least 1/3rd of the respective value of work, which is not less than one-third of the contract value. Additionally, the bidder's annual financial turnover should be at least 67% of the DNIT value in any one year. The quantities of work executed as a prime contractor for all main items of work should be provided for the last five years. The bidder should also have completed at least 40% of the estimated quantity of major items. The value of similar work is 1/3rd of the contract value, and the annual financial turnover amount is 67% of the DNIT value. The bidder should have evidence of access to or availability of credit facilities, which is at least 10% of the notified contract value. The bidder should also provide an undertaking to invest a minimum cash up to 25% of the value of the work during the implementation of the contract. Milestones are mentioned as follows: • Mile stone 1 --- 15% of the entire contract work in 25% of the period allowed for completion of construction • Mile stone 2 --- 40% of the entire contract work in 50% of the period allowed for completion of construction • Milestone 3 --- 75 % of the entire contract work in 75% of the period allowed for completion of construction • Milestone 4 --- 100% of the entire contract work within the period allowed for completion of construction The bidder should also provide a certificate of similar nature of work done, issued by the authorized Engineer in-charge, and a certificate of executed quantities of work done in the last 5 years, issued by the authorized Engineer in-charge. The bidder should provide the total value of civil engineering construction work performed in the last 5 years, with details of the financial annual turnover for each year. 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. The security deposit/retention money will be 8% of the bill value. The bidder should provide an audited balance sheet of the last 5 years, which may give an idea of the bidder's financial capabilities and experience in handling similar projects.