Municipal Corporation Tender

The bidder is required to have prior work experience as a prime contractor of a similar nature during the last five years. The bidder needs to provide information about the projects they have completed, including the name of the project, name of the employer, value of the contract, date of issue of work order, stipulated date of completion, actual date of completion, and remarks explaining reasons for delay and work completed. The available bid capacity calculation is based on the maximum value of similar works executed in any one year during the last five years, using the formula: Available Bid capacity = (A* N* 2 - B), where A = Maximum value of similar works executed in any one year during the last five years. The bidder should have achieved an Average Annual financial turnover (in similar type of works only) during the last 3 years, ending 31st March of the previous financial year, which should be at least 30% of the estimated cost put to Tender. The agency should also produce a Solvency certificate for an amount equal to 20% of the Estimate put to tender. No specific number of similar works is mentioned, but the bidder needs to provide an experience certificate from a concerned department, showing that they have completed the required number of similar works. The similar works considered are road resurface with sensor paver, widening of carriageway, and civil allied works such as footpath, central verge, road marking paints, signage, and traffic-related work.