National Bank For Agriculture And Rural Development Tender

The bidder is required to have experience as a prime contractor or sub-contractor, with experience in similar works such as highways and airfields. They should have a consistent history of completing works without litigation or financial failure due to bankruptcy. The bidder should have successfully completed at least one contract (Highways road and/or Bridge works/Airport contract) of at least 40% of the value of the proposed contract in any one year within the last five years. The value of the proposed contract is Rs.140.64 Lakhs, so the bidder should have completed a contract of at least 40% of this value, which is Rs.56.26 Lakhs. The bidder should have achieved an average annual turnover of at least 40% of the value of the contract applied for, over the last five years. This means they should have an average annual turnover of at least Rs.56.26 Lakhs. The bidder should also have experience in similar nature of work, including the completion of certain quantities of works in any one year during the last five years, such as: - Earthwork: 3297.27 m3 (with a minimum of 1319.00 m3) - GSB/WMM: 3341.76 m3 (with a minimum of 1337.00 m3) - BM/DBM: 644.00 m3 (with a minimum of 258.00 m3) - BC/SDBC (Wearing Course): 387.00 m3 (with a minimum of 155.00 m3) - VCC/VRCC: 538.97 m3 (with a minimum of 216.00 m3) - Steel: 15.73 Mt (with a minimum of 6.292 Mt) The bidder should demonstrate access to liquid assets or credit facilities of not less than 10% of the contract value, which is Rs.35.16 Lakhs. The bid capacity to execute the work should be greater than Rs.351.59 Lakhs.