National Bank For Agriculture And Rural Development Tender

The required prior work experience for the bidder includes experience in using heavy earthmoving equipment, quality control in compaction of soils, construction of asphaltic overlays, and construction of bridge works. The bidder should demonstrate experience in similar nature of work, including minimum quantities of works completed in any one year during the last five years, such as Earth work (2144 cum), GSB (30 cum), WMM / WBM (2099 cum), BM / DBM (428 cum), BC/ SDBC/ CGPC / PCSC (254 cum), and CC / VCC / VRCC (348 cum). The value and percentage of similar works completed are not explicitly mentioned, except that the bidder should have successfully completed at least one contract of similar nature with a value of at least 40% of the proposed contract in any one year within the last five years, which is Rs.207.32 Lakhs. The bidder should also have an average annual turnover of at least 40% of the value of the contract applied for, which is Rs.207.32 Lakhs. Additionally, the bidder should have completed at least 40% of the work at the end of the 1st quarter and 100% of the work at the end of the 2nd quarter, as per the programme for completion of works. The bid capacity to execute the work should be greater than Rs. 518.30 Lakhs. The available bid capacity will be calculated based on the maximum value of construction works executed in any one year during the last five years, updated to the current price level, and the value of existing commitments and ongoing works to be completed during the 6 months period. The bidder should have access to or have available liquid assets (working capital, cash in hand) and/or credit facilities of not less than 10% of the contract applied for the construction, which is not less than Rs. 51.83 Lakhs. The audited balance sheet for the last five years should demonstrate the soundness of the applicant's financial position.