Roads And Buildings Department Tender

The required prior work experience for the bidder is not explicitly stated, but it is mentioned that the bidder should have experience in similar works. The bidder should attach biographical data of key personnel, including their qualification and years of experience in general and in the proposed position. For joint ventures, the lead partner must meet not less than 50 percent of all criteria, while other joint venture partners must have experience that is not less than 30 percent of the qualifying criteria. The bidder's available bid capacity will be calculated based on the maximum value of work executed in any one year during the last five years. The calculation for available bid capacity is as follows: Assessed Available Bid Capacity = (A*N*2-B), where A is the maximum value of work executed, N is the number of years prescribed for completion of the works, and B is the value of existing commitments and ongoing works to be completed during the next six months. The bidder must also demonstrate soundness of financial position, including long-term profitability and an estimated financial projection for the next two years. The information provided does not mention a specific percentage of similar works completed for individual bidders, but it emphasizes the importance of the bidder's experience and financial capacity in determining their eligibility.