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. The cutoff date for experience certificates of similar work is 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, then experience certificates of similar work shall be considered for the period starting from 1st of June 2020 up to 31st of May 2025. Regarding financial requirements, the bidder should have achieved a minimum annual financial turnover of 50% of the amount put to bid, with at least 50% of this turnover being from civil engineering construction works, in any one year during the last five years. The turnover will be indexed at the rate of 8% per year, updated to the price level of the current financial year in which bids are invited. Additionally, for works costing up to 10 crores, the earnest money to be deposited is 2% of the total estimated cost, and for works costing more than 10 crores, the earnest money is 20 lakhs plus 1% of the excess cost over 10 crores. However, there is no explicit information on the required prior work experience for the bidder in terms of years or specific projects.