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 experience certificates of similar work are considered for a period of five years 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, updated to the price level of the current financial year in which bids are invited. The specific values mentioned include 25% of the amount put to bid for similar work experience, 50% of the amount put to bid for minimum annual financial turnover, and 50% of the turnover being from civil engineering construction works. The percentage for indexing turnover is 8% per year.