Roads And Buildings Department Tender

The required prior work experience for the bidder includes successfully completing or substantially completing at least one contract of road works of at least 40 percent of the value of the proposed contract within the last five years. The works may have been executed by the applicant as prime contractor or as a member of a joint venture or as a nominated sub-contractor. For joint ventures, the lead partner shall meet not less than 50 percent of all criteria, and the joint venture must collectively satisfy the criteria. The experience of the other joint venture partners shall be considered if it is not less than 30 percent of the qualifying criteria. The value and percentage of similar works completed are: - At least 40 percent of the value of the proposed contract - At least 90% completion of substantially completed works. Additionally, the bidder is required to have achieved a minimum annual financial turnover of at least the annual value of the contract applied for in any one year over the last five years. In terms of specific values and percentages, the bidder should have experience in completing a contract of at least 40% of the proposed contract value, and substantially completed works should be at least 90% completed. The annual financial turnover should be at least the annual value of the contract applied for.