Roads And Buildings Department Tender

The required prior work experience for the bidder includes experience in similar works, with the bidder having performed work as a prime contractor or nominated sub-contractor in the last five years. The bidder should have a minimum annual financial turnover, defined as billing for works in progress and completed in all classes of civil engineering construction works, of the annual value of the contract or contracts applied for in any one year over the last five years. 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. Substantially completed works mean those works which are at least 90 percent completed as on the date of submission, and continuing satisfactorily. The bidder should also have access to or have available liquid assets, such as working capital, cash in hand, and uncommitted bank guarantees, and/or credit facilities up to 25 percent of the value of the contract or contracts applied for. The specific values and percentages of similar works completed mentioned are: - At least 40 percent of the value of the proposed contract - At least 90 percent completion of substantially completed works - 25 percent of the value of the contract or contracts applied for, for access to liquid assets and credit facilities - 20 percent, representing the employer's additional cost for completing the works, in case of non-completion of works by the contractor. The bidder is required to provide details of work performed in the past, including the total value of civil engineering constructions performed in the last five years, and details of projects completed, including the name of the project, employer, description of work, contract number, value of contract, and dates of issue and completion of work order. The bidder also needs to provide information on the quantities of work executed as a prime contractor or nominated sub-contractor in the last five years.