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. This means the bidder should have completed a similar work with a value of at least 25% of the current bid amount. For instance, if the bid amount is $100, the bidder should have completed a similar work with a value of at least $25 (25% of $100). The experience certificates for similar work are considered from a specific period, which is from 5 years before the last date of receipt of tender up to the last date of the month before the last date of receipt of tender. Additionally, 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. So, to summarize, the required prior work experience includes: 1. Completion of at least one similar work with a value of not less than 25% of the bid amount. 2. Minimum annual financial turnover of 50% of the bid amount, with at least 50% of this turnover from civil engineering construction works in any one year during the last five years.