Ministry Of Road Transport And Highways Tender

The important information given under the technical capacity header which is specifically related to prior work experience is: Available Bid Capacity: 2xAxN-B. Where, A= Maximum value of civil engineering works executed in its name in any one financial year during the last Ten financial years (updated to current Price level) taking into account the works completed as well as works in progress. This indicates that the contractor's prior work experience is considered in determining their available bid capacity, with a specific formula that takes into account the maximum value of civil engineering works executed in the last 10 financial years. Additionally, the following values are mentioned: - The tenderer who meets the above qualification criteria and whose available bid capacity is more than the estimated contract value will be qualified for opening of Price bid. - The Government has allowed 5% tender premium on par with other Engineering departments beyond June, 2007. - For tenders up to 25% less than the estimated contract value of work, no additional security deposit is required. But for tenders less than 25% of the estimated contract value of work, the difference between the tendered amount and 75% of the estimated contract value, shall be paid by the successful tenderer at the time of concluding agreement as an additional security to fulfill the contract through a Bank Guarantee. Under the technical capacity header, specifically related to prior work experience, the following important information is mentioned: * The tenderer should have executed civil engineering works in each year during the last ten financial years. * The value of civil engineering works executed in each year during the last ten financial years should be provided, along with certificates issued by the Executive Engineer concerned and counter-signed by the Superintending Engineer. * The values of work done in the last ten financial years are to be provided, with specific years mentioned: 2014-2015, 2015-2016, 2016-2017, 2017-2018, 2018-2019, 2019-2020, 2020-2021, 2021-2022, 2022-2023, and 2023-2024. * Alternatively, a certificate from a Chartered Accountant supported with an annual balance sheet and tallying with the I.T clearance certificate can be provided. The percentages mentioned under the payment terms are: * 10% of the quantity will be withheld for intermediate payments for earthwork in cutting and embankment formation work. * 1% of the quantity will be withheld for every three meters height for structure works. * 5% of the concrete and masonry quantities will be withheld for C.M. & C.D. works and lining works spread over more than 2 Km in length. The values and percentages mentioned under the technical capacity header related to prior work experience include: - 5% tender premium - 25% less than the estimated contract value of work - 75% of the estimated contract value - 10% of the quantity withheld for intermediate payments for earthwork - 1% of the quantity withheld for every three meters height for structure works - 5% of the concrete and masonry quantities withheld for C.M. & C.D. works and lining works.