Rural Works Department Tender

The required prior work experience for the bidder is that they must have satisfactorily completed as a prime contractor or subcontractor at least one similar work with an agreement value of not less than 25% of the amount put to bid. The similar work should be considered based on one culvert/bridge under a single agreement. The bidder should have prior work experience as a prime contractor or subcontractor in construction works of similar value over the last five years. They should provide certificates from the concerned officer, not below the rank of Executive Engineer or equivalent, for the work performed. The bidder should have achieved a minimum annual financial turnover of 50% of the amount put to bid, with at least 30% of this turnover being from civil engineering construction works, in any one year in 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, with a maximum indexing allowed 5 times. The available bid capacity will be calculated as Assessed Available Bid capacity = (A/N) - B, where A is the maximum value of civil engineering works executed in any one year during the last five years, updated to the price level of the current financial year, N is the number of years preserved for completion of construction of road/bridge, and B is the value at the current price level of existing commitments and ongoing works to be completed during the period of completion of construction of road/bridge for which bids are invited. The bidder's experience in similar works will be considered, and they should provide details of the work performed, including the value and percentage of completion. The bidder should also provide information on their existing commitments and ongoing construction work being undertaken by them. Joint ventures (JVs) are allowed for packages with a size exceeding Rs 2000 crore, and all partners should be jointly and severally liable. The JV agreement should indicate the precise role of all members in respect of planning, design, construction, equipment, key personnel, work execution, and financing of the project. The amount put to bid and the estimated contract value are not explicitly stated, but the bidder's bid price shall conform to the requirements specified, and the rates and prices quoted by the bidder are subject to adjustment during the performance of the contract. The bidder may be a natural person, private or public entity, or any combination of such entities, supported by a letter of intent to enter into an agreement or under an existing agreement in the form of a joint venture or association (JVA) for packages size exceeding Rs 2000 crore. In terms of specific values and percentages, the bidder should have satisfactorily completed as a prime contractor or subcontractor at least one similar work of a value not less than 25% of the amount put to bid, and they should have achieved a minimum annual financial turnover of 50% of the amount put to bid, with at least 30% of this turnover being from civil engineering construction works.