Municipal Corporation Tender

The bidder is required to have experience as a Prime contractor and as a sub-contractor, although the number of years of experience is not specified. They should have completed similar works and provide details such as contract value, stipulated period of completion, value of works remaining to be completed, and anticipated date of completion. The bidder needs to provide information on the cumulative annual turnover for the last three years and the average annual financial turnover. They also need to provide the value of existing commitments and ongoing works to be completed during the next one year. In terms of specific values and percentages, the bidder needs to provide the cumulative annual turnover for the last three years, average annual financial turnover, and value of existing commitments. The bid capacity is calculated based on the formula (A x N x 2.0 - B), where A is the maximum value of annual turnover, N is the number of years prescribed for completion of the works, and B is the value of existing commitments. The bidder should have experience in civil engineering construction and provide details of their experience in modern concrete technology and soil and material testing laboratory, if any. They should also provide information on the number of years they have been in business and their fields of specialization. The bidder needs to have experience of one year O&M with Elect/Mech/Instrumentation in completed sewage works. The experience of the Joint Venture (J.V.) partner will be considered, with the weight of experience given to each J.V. partner in proportion to their J.V. percentage. The average annual turnover during the last three years should be at least 30% of the estimated cost. The bidder should have acquired experience of execution or major items of works, and in case of J.V. experience, weight towards experience of the project would be given to each J.V. partner in proportion to their J.V. percentage. The bidder is required to have a total value of civil engineering constructions work performed in the last seven years, with details of work performed as a prime contractor or nominated sub-contractor. However, specific values and percentages of similar works completed are not explicitly mentioned, except that the bidder needs to provide information on work performed in the past on works of a similar nature over the last seven years. The value and percentage of similar works completed are not explicitly mentioned, but the bidder needs to provide information on the value of contract and percentage of similar works completed, such as the contract value and the value of works remaining to be completed. The bidder should have an average annual turnover of at least 30% of the estimated tender cost, and the available bid capacity will be calculated as: Assessed Available Bid Capacity = (A*N*2-B), where A = Maximum value of work executed in any one year during the last five years, B = Value at current price level of the existing commitments and ongoing works to be completed during the next period, and N = Number of years prescribed for completion of the works for which the bids are invited. The bidder should give an undertaking that they have access to, or have available, liquid assets amounting to Rs.79,59,620/-. The audited balance sheets for the last five years should be submitted, demonstrating the soundness of the applicant’s financial position, showing long-term profitability including an estimated financial projection for the next two years.