Punjab Mandi Board Tender

The required prior work experience for the bidder is not explicitly stated in terms of years. However, the bidder's bid capacity will be calculated based on the maximum value of Civil Engineering works executed in any one year during the last five years. The bidder should have satisfactorily completed similar works in the last five years. The value of these similar works should be: - not less than 80% of the estimated cost of work for one similar work, - not less than 50% of the estimated cost of work for two similar works, or - not less than 40% of the estimated cost of work for three similar works. For the experience, the bidder should mention the number of years of experience in their own country and other countries, whether as a Prime Contractor, Joint Venture, or Sub-Contractor. The bidder should also provide details of their experience in similar works. Additionally, for works above Rs. 5.00 Crores, the bidder is required to submit a list of similar works completed during previous years, duly supported with performance certificates from the authority for whom the work has been completed. The information shall include the name of the work, estimated cost, date of start, and date of completion. The bidder needs to provide evidence of access to lines of credit and availability of other financial resources facilities (10% of contract value), certified by the Bankers. The bidder is also required to undertake that they will be able to invest a minimum cash of up to 25% of the contract value of work during implementation. The bidder needs to provide details of their available bid capacity with an undertaking that their available bid capacity is more than the estimated value of the project/work.