Rural Works Department Tender

The required prior work experience for the bidder includes having satisfactorily completed as a prime contractor or subcontractor at least one similar work of an agreement of value not less than 25% of the amount put to bid. The bidder should have achieved this experience within a specific timeframe, which is from the 1st of the month five years prior to the last date of receipt of tender up to the last date of the month before the last date of receipt of tender. For instance, if the last date of receipt of tender is in June 2025, the experience period would be from June 1, 2020, to May 31, 2025. Additionally, the bidder should have a minimum annual financial turnover of 50% of the amount put to bid. At least 50% of this turnover should be from civil engineering construction works, achieved in any one year during the last five years. The turnover is indexed at the rate of 8% per year, updated to the current financial year's price level in which bids are invited. The specific values and percentages mentioned are: - 25% of the amount put to bid for similar work experience - 50% of the amount put to bid for minimum annual financial turnover - 50% of the turnover from civil engineering construction works - 8% per year for indexing the turnover.