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 is not explicitly mentioned, but the bidder should have completed works with a value of Rs. Crore. However, specific values are mentioned for different scenarios: - More than Rs.50 lakhs: - More than Rs.15 lakhs but less than Rs.50 lakhs: - Less than Rs.15 lakhs but more than Rs.5 lakhs: - Less than Rs.5 lakhs: The bidder should have achieved a minimum annual financial turnover, defined as billing for works in progress and completed in all classes of civil engineering construction works only, in any one year, over the last five years of the annual value of contract/contracts applied for. The bidder should also 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 percentage of similar works completed is not explicitly mentioned, but the bidder undertakes to invest a minimum cash up to 25% of the value of the work during the implementation of the contract. For substantially completed works, it is mentioned that the works should be at least 90 % completed, with a gross value of work done up to the last date of submission being 90 % or more of the original contract price. The bidder should demonstrate access to liquid assets or credit facilities up to 25 percent of the value of the contract. The lead partner should meet not less than 50 percent of all criteria, and the joint venture must collectively satisfy the criteria, with the experience of the other joint venture partners considered if it is not less than 30 percent of the qualifying criteria.