Roads And Buildings Department Tender

The bidder is required to have prior work experience as a prime contractor or nominated sub-contractor in works of a similar nature over the last five years. 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. Substantially completed works mean those works which are at least 90 percent completed as on the date of submission, and continuing satisfactorily. The bidder needs to provide quantities of work executed as prime contractor or nominated sub-contractor in the last five years, including the year, name of the work, name of the employer, quantity of work performed, and remarks. The types of work include Cement Concrete, Masonry, Earth Works, and Bituminous Work. The value of contract and quantity of work performed can be used to calculate the percentage of similar works completed. However, no specific percentage of similar works completed is mentioned, except that substantially completed works should be at least 90 percent completed. The bidder also needs to provide information on bid capacity, including existing commitments and ongoing works. The Assessed Available Bid Capacity can be calculated using the formula: Assessed Available Bid Capacity = (A*N*2 - B), where A is the maximum value of work executed in any one year during the last five years, B is the value at current price level of the existing commitments and ongoing works, and N is the number of years prescribed for completion of the works. No specific amount is mentioned for the value of similar works completed, but the bidder should have experience in successfully completing or substantially completing at least one contract of at least 40 percent of the value of the proposed contract.