National Bank For Agriculture And Rural Development Tender

The bidder is required to provide details of their experience in various construction works, including Machanised granular pavement construction, construction of asphaltic overlays, and construction of Bridge Works. They must have completed similar works, but specific values and percentages are not mentioned. However, the bidder should have achieved an average annual turnover of at least 40% of the value of the contract applied for, which is Rs. 372.60 Lakhs, over the last five years. Additionally, the bidder should have successfully completed at least one contract with a value of at least 40% of the proposed contract in any one year within the last five years, which is Rs. 372.60 Lakhs. The bidder should also demonstrate access to liquid assets and have completed a minimum quantity of works in any one year during the last five years. The bidder should not have had any contract terminated partially during the last five years by any agency. They should have working capital sufficient to finance one month of the current activity for the work being qualified. The contractor should have completed 40% of work at the end of 1st quarter, 80% of work at the end of 2nd quarter, and 100% of work at the end of 7th month. The bidder is expected to have already carried out satisfactorily work of similar size, nature, and complexity. The required prior work experience includes having been in Civil Engineering Construction Business, including road and bridge works, and demonstrating adequate financial resources and sufficient number of essential equipment. Mentioned values include: - Rs. 372.60 Lakhs (40% of the contract applied for and the value of the contract that the bidder should have completed in any one year within the last five years) - Rs. 931.50 Lakhs (the proposed contract value) - Rs. 93.15 Lakhs (the amount of liquid assets the bidder should have access to) - 40% (the percentage of the contract applied for that the bidder's average annual turnover should be) - 40% (the percentage of the proposed contract that the bidder should have completed in any one year within the last five years)