Irrigation Department Tender

The required prior work experience for the bidder is not explicitly stated in terms of years. However, the bidder should have experience and competence to perform the contract to the satisfaction of the Engineer-In-charge. They should also have no record of poor performance. The value of similar works completed should be at least the estimated value of the work in any one year during the last 5 financial years. No specific percentage of similar works completed is mentioned. In terms of financial requirements, the bidder's average annual financial turnover in Civil works should be at least 30% of the estimated value of the work during the last 3 years, updated to the current financial year price level at 7% per annum. Additionally, the contractor shall pay as compensation an amount equal to one percent or such smaller amount as the Superintending Engineer may decide on the estimated cost of the whole work for every day that the quantity of work remains incomplete, provided that the entire amount of compensation to be paid shall not exceed ten percent on the estimated cost of the work.