Rural Works Department Tender

The bidder should have 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. This indicates that the required prior work experience for the bidder involves completing a similar work with a value of at least 25% of the bid amount. Additionally, the bidder's experience is also tied to their financial turnover, with a requirement of 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 in any one year during the last five years. The turnover is indexed at a rate of 8% per year. Therefore, the required prior work experience includes completing a similar work with a value of at least 25% of the bid amount, and achieving a minimum annual financial turnover of 50% of the bid amount, with at least 50% of this turnover coming from civil engineering construction works.