Roads And Buildings Department Tender

The required prior work experience for the bidder is five years, including the current year. The bidder should have experience as a prime contractor or nominated sub-contractor in civil engineering constructions, with a total value of civil engineering constructions performed in the last five years. The bidder should have completed works of a similar nature over the last five years and have experience in executing all main items of work described in the bid documents. The value and percentage of similar works completed are mentioned in some contexts, such as the requirement for substantially completed works, which means those works that are at least 90% completed. Additionally, the bidder should have experience in successfully completing or substantially completing at least one contract of highway (road and/or bridge works) or airport runway of at least 40 percent of the value of the proposed contract within the last five years. Specific values and percentages mentioned include 20, 20, and 20, although the context of these values is not explicitly stated. The bidder should also have a minimum annual financial turnover of the annual value of the contract/applied for in any one year over the last five years. The available bid capacity will be calculated based on the maximum value of work executed in any one year during the last five years, updated to the price level of the year indicated in the appendix. The formula for Assessed Available Bid Capacity is given, which takes into account both completed and works in progress. However, there is no specific mention of a required percentage of similar works completed or a specific amount that must have been earned from such works, except for the 40 percent and 90 percent completion requirements. The bidder should also demonstrate access to liquid assets, including working capital, cash in hand, and uncommitted bank guarantees, up to 25 percent of the value of the contract.