Department Of Post Tender

The required prior work experience for the bidder includes having satisfactorily completed similar works of a certain magnitude during the last seven years. The specific requirements are: - Three similar completed works each costing not less than Rs.167.45 Lakhs. - Two similar completed works each costing not less than Rs.251.17 Lakhs. - One similar completed work each costing not less than Rs.3343.89 Lakhs. The evaluation criteria for experience in similar class of works are as follows: - 60% marks for minimum eligibility criteria - 100% marks for twice the minimum eligibility criteria or more - In between (i) & (ii) – on pro-rata basis The bidder's performance for qualifying works completed in the last seven years should be certified by an officer not below the rank of Executive Engineer or equivalent. The value of all executed works shall be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum calculated from the date of completion to the previous day of the last date of submission of bids. Additionally, the bidder should have an average annual financial turnover (gross) equal to 30% of the estimated cost put to tender on civil/electrical construction work during the last three consecutive financial years, which is Rs. 1,25,58,530. The bidder should also have a solvency certificate from a commercial bank amount equal to 40% of the estimated cost put to tender, which is Rs. 1,67,46,508, or a net worth certificate from a certified CA with a minimum of 10% amount of Estimate Cost put to tender, which is Rs. 41,86,177. The bidder should have sufficient experience in similar nature of electrical work as specified, with a valid electrical license or association with contractors having a valid electrical license of eligible class. The bidder should submit an undertaking that they will either obtain a valid electrical license at the time of execution of electrical work or associate contractors having a valid electrical license of eligible class. The evaluation of bidding capacity includes experience in similar nature of work, with a maximum of 20 marks allocated for this criterion. The bidder's performance on works, including time overrun and quality, will be evaluated, with a maximum of 20 marks and 40 marks respectively. The civil component of the work is 87.2% of the total estimated cost, which is Rs. 3,65,09,426, and the electrical component is 12.8% of the total estimated cost, which is Rs. 53,52,343. The bidder should have completed qualifying works in the last seven years, and their performance should be certified by an officer not below the rank of Executive Engineer or equivalent. The bidder should furnish a list of eligible similar nature of works successfully completed during the last seven years. The bidding capacity shall be worked out by the formula: Bidding Capacity = ((AxNx1.5)-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 to be completed during the period of completion of work. The time allowed for carrying out the work will be 12 months from the date of start as defined in schedule 'F' or from the first date of handing over of the site, whichever is later. The bidder should have sufficient number of Technical and Administrative employees for the proper execution of the contract. The bidder should submit a list of these employees stating clearly how these would be involved in this work. The bidder should have a GST registration certificate of the state in which the work is to be taken up, if already obtained, or should undertake to obtain it within one month from the date of receipt of the award letter or before the release of any payment by the department. The bidder should not have incurred any loss (profit after tax should be positive) in more than two years during the available last five consecutive balance sheets of financial years. The bidder should be financially sound and should not have applied or be under Debt restructuring as on date. The value of annual turnover figures shall be brought to the current value by enhancing the actual turnover figures at a simple rate of 7% per annum. The bidder should also have a solvency certificate from a commercial bank amount equal to 40% of the estimated cost put to tender (ECPT) or a net worth certificate from a certified CA with a minimum of 10% amount of Estimate Cost put to tender (ECPT). For the electrical component, the bidder should undertake that the electrical work shall be carried out through an eligible contractor from the appropriate list, and the said electrical contractor should also fulfill the criteria of similar nature of electrical work as specified. No specific percentage of similar works completed is mentioned, but the bidder's performance on works, including time overrun and quality, will be evaluated with a maximum of