Pradhan Mantri Gram Sadak Yojana Tender

The required prior work experience for the bidder is not explicitly stated in terms of years, but it is mentioned that the bidder should have experience in similar works. The bidder needs to provide information on work performed as Sub-Contractor on construction works of a similar nature and volume over the last five years. Specifically, the bidder should have experience in construction works of a similar nature and volume over the last five years, with details such as total annual volume of civil engineering construction work executed and payments received in the last five years preceding the year in which bids are invited. The value and percentage of similar works completed are mentioned in terms of milestones to be achieved within specified periods, such as: - 1/8th of the value of entire contract work up to 1/4th of the period allowed for completion of construction - 3/8th of the value of entire contract work up to ½ of the period allowed for completion of construction - 3/4th of the value of entire contract work up to ¾th of the period allowed for completion of construction No specific percentage of similar works completed is mentioned as a requirement for qualification. However, the bidder should provide details of works in progress or contractually committed, including existing commitments and ongoing construction works. The amount of Bid Security is Rs 18.05 Lacs, which is 2 percent of the estimated value of the Works. Liquidated damages for delay in completion of works will be 1 percent of the Initial Contract Price per week, with a maximum limit of 10 percent of the Initial Contract Price.