Roads And Buildings Department Tender

The required prior work experience for the bidder is 5 years, including the current year, before the submission of the bid. The bidder should have completed works of a similar nature, with the sub-contract involving the execution of all main items of work described in the bid document. The value of the contract and the percentage of similar works completed are not explicitly mentioned. However, it is stated that the quantities of work executed as a prime contractor or as a nominated sub-contractor will be considered, provided the sub-contract involved the execution of all main items of work described in the bid document. The bidder should have a good financial standing, with access to financial resources to meet the qualification requirements. The bidder should also provide information on their existing commitments and ongoing works, including the value of the contract, stipulated period of completion, and value of works remaining to be completed. In terms of specific values, it is mentioned that the bidder should have a minimum cash investment of up to 25% of the value of the work during the implementation of the contract. The bidder should have access to liquid assets or credit facilities up to 25 percent of the value of the contract. The bidder should have prior work experience, with the lead partner meeting not less than 50 percent of all criteria, and other joint venture partners having experience not less than 30 percent of the qualifying criteria. The bidder should have completed substantially completed works, which means those works that are at least 90 % completed. The bidder must have prior work experience in civil engineering constructions, with the total value of civil engineering constructions work performed in the last five years. The bidder should have experience in works of a similar nature, with the total value of such works being mentioned. Some specific requirements based on the cost of the work to be executed are mentioned, including the requirement of certain numbers of graduate and diploma civil engineers based on the cost of the work. The bidder should have achieved a minimum annual financial turnover of the annual value of the contract applied for in any one year over the last five years. 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. The works should be at least 90 percent completed. The calculation for the Assessed Available Bid Capacity involves the "Maximum value of work executed in any one year during the last five years," which implies that bidders should have at least five years of experience in executing works. However, specific details about the percentage of similar works completed or the exact amount are not directly mentioned in the context of prior work experience requirements. The closest relevant information is in the calculation of the Assessed Available Bid Capacity, which involves the maximum value of work executed in any one year during the last five years, the value at current price level of the existing commitments and ongoing works to be completed during the next period of completion of work for which bids are invited, and the number of years prescribed for completion of the works for which the bids are invited. The formula provided is Assessed Available Bid Capacity = (A*N*2-B), but it does not specify a particular percentage or amount of similar works that must be completed. It focuses on the bidder's capacity based on past performance and current commitments. Therefore, while there is information on how to calculate a bidder's available bid capacity based on their past work experience, there are no specific values, amounts, or percentages mentioned for the required prior work experience in terms of similar works completed, except for the requirement of at least 90% completion of works and 40% of the value of the proposed contract.