Department Of Housing And Urban Affairs Tender

The required prior work experience for the bidder includes completion of similar works during the last 7 years. The experience can be as a prime contractor or as a nominated sub-contractor, provided the subcontract involved execution of all the main items of work described in the bid document. The bidder should have at least one of the following prior work experiences: - At least 1 single similar nature work order as a prime contractor of value not less than 80% of the package value. - At least 2 similar nature of single work orders as a prime contractor of value not less than 50% of the package value. - At least 3 similar nature of single work orders as a prime contractor of value not less than 40% of the package value. The bidder needs to submit a certificate towards similar nature of work experience, which includes details such as project name, name of employer, description of work, contract number, value of contract, date of issue of work order, stipulated date of completion, actual date of completion, and remarks explaining reasons for delay and work completed. The bidder should also submit supporting documents, including attested copies of work orders and completion certificates from a competent authority, demonstrating the eligibility of meeting the requirement for similar nature of works. A specific value and percentage of similar works completed is mentioned, such as 80% of the package value for a single work order. The bidder's available bid capacity should be equal to or more than the estimated cost of the work put to tender, calculated using the formula: Bidding Capacity = {[AxNx2]-B}, where A is the maximum turnover in construction works executed in any one year during the last five years, N is the number of years prescribed for completion of work, and B is the value of existing commitments and ongoing works. The bidder's experience in works, such as on-time execution of allotted work, ongoing commitments, past performance during the last 7 years, financial soundness, and turnover during the last 5 years, will be taken into account for the award of work. The bidder must submit a statement of total monetary value of construction work performed and a copy of a single work order of value not less than 80% of the package value. The value of completed works shall be brought to the current costing level by enhancing at a simple rate of 7% per annum. The bidder should have a good track record of completing works on time, with no history of abandoning works, rescinding contracts, or inordinate delays. The bidder's financial soundness and turnover during the last 5 years will also be taken into account. Mentioned values and percentages include: - 80% of the package value for a single work order - 50% of the package value for at least 2 similar nature of single work orders - 40% of the package value for at least 3 similar nature of single work orders - 7% per annum for enhancing the value of completed works to the current costing level - 10% below the estimated value put to tender, which is considered as the Threshold Value.