Project Implementation Unit Tender

The required prior work experience for the bidder includes having completed similar standard and nature of works. The bidder should have experience of at least one similar work with an updated completion cost of not less than 40% of the amount put to tender of the proposed work. The works may have been executed by the applicant as prime contractor or as a member of a joint venture or as a nominated sub-contractor. Substantially completed works mean those works which are at least 90% completed as on the date of submission. For joint ventures, the lead partner must have an updated annual turnover of not less than 51% of the amount put to tender, and the remaining partner must have an updated annual turnover of not less than 30% of the amount put to tender. The joint venture must collectively have an updated annual turnover of not less than the amount put to tender. The bidder must have successful experience as a prime contractor or as a nominated sub-contractor, with at least one similar work having an updated completion cost of not less than a specified amount, which is 40% of the amount put to tender of the proposed work. The work must have been completed or substantially completed (90% or more of the original contract price) within the last 5 financial years. The qualifying threshold amount of updated completion cost is mentioned as 75% of the amount mentioned (which is 30% of the amount put to tender) for the lead member and 51% of the amount mentioned (which is 20.4% of the amount put to tender) for other members. The bidder should have experience in works of a similar nature over the last five years, with a total value of civil engineering constructions work performed in the last five/seven years. The bidder should also provide information on the quantities of work executed as a prime contractor or nominated sub-contractor, with details of the work, employer, and contract value. Additionally, the bidder should have experience of at least 30 percent of the qualifying criteria. No specific percentage of similar works completed is mentioned, but the bidder should have completed works of similar nature and standard. The cost of the works to be executed is categorized into different ranges. Bonus shall be paid only to works amounting to above INR 5 crore with a time limit of the works equal to or more than 6 months, with corresponding percentages of the initial contract price entitled for bonus based on the percentage of time saved.