Lucknow Development Authority Tender

The required prior work experience for the bidder includes having experience in similar work, with specific requirements for technical personnel. For a degree holder in Civil Engineering, a minimum of 2 years of experience is required for contract works up to Rs. 2 Crores. Similarly, a diploma holder in civil engineering should have a minimum of 2 years of experience. The bidder should have completed works with a value of up to Rs. 2 Crore and above Rs. 2 Crore. Although the percentage of similar works completed is not explicitly mentioned, the bidder should provide a list of works completed, including the value of the contract. The value of similar works completed is mentioned in terms of contract value, with ranges of up to Rs. 2 Crore and above Rs. 2 Crore. A minimum financial turnover of at least the amount equal to the estimated cost of works in any one year is required, with an index rate of 8 percent for a year. The bidder should have also satisfactorily completed, as a prime contractor, at least one similar work equal in value to one-third of the estimated cost of work, excluding maintenance cost for five years. The available bid capacity is calculated based on the maximum value of civil engineering works executed in any one year during the last five years, updated to the price level of the last year at the rate of 8 percent a year. The bidder's available bid capacity should be equal to or more than the total bid value. The bidder must have satisfactorily completed at least one similar work, with a value equal to one-third of the estimated cost of work. The bidder's available bid capacity should be calculated as (A*N*M-B), where A is the maximum value of civil engineering works executed in any one year, N is the number of years prescribed for completion of the works, and B is the value of works in progress or contractually committed. Mentioned values and percentages include: - One-third of the estimated cost of work (excluding maintenance cost for five years) - 8 percent index rate for a year - 10 percent of the contract price (as an undertaking that the bidder will be able to invest a minimum of cash during the implementation of the works) - 25 percent of the contract price (as the maximum amount for subcontracting components of the works) - 10 percent of the contract value (as the minimum amount of liquid assets and/or credit facilities required)