National Bank For Agriculture And Rural Development Tender

The required prior work experience for the bidder is not explicitly mentioned, but they should have experience as a prime contractor or sub-contractor, and experience in similar works such as highways and airfields. The bidder should have a consistent history of completing similar works, with no consistent history of litigation awarded against them or financial failure due to bankruptcy. They should have achieved an average annual turnover of at least 40% of the value of the contract applied for, over the last five years, and 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. The value of the contract applied for is Rs.191.65 Lakhs, and the bidder's available bid capacity should be more than the total estimated cost of the works, which is Rs. 479.12 Lakhs. The bidder should demonstrate experience in similar nature of work, including quantities of works completed in any one year during the last five years, such as earthwork, GSB/WMM, BM/DBM, BC/SDBC, VCC/VRCC, and steel, with specific quantities mentioned. The bidder should have access to liquid assets or credit facilities of not less than 10% of the contract value, which is Rs.47.91 Lakhs. The bid capacity to execute the work should be greater than Rs.479.12 Lakhs. The percentage of similar works completed is not explicitly mentioned, but the bidder's available bid capacity should be more than the total estimated cost of the works. The bidder's experience and completion of similar works are considered in the calculation of their bid capacity.