Roads And Buildings Department Tender

The required prior work experience for the bidder includes substantial completion of at least 90% of the original contract price, similar works with a value of at least the contract amount, and experience in deploying key plant and equipment. The bidder should also have access to liquid assets of up to 25% of the contract value, long-term profitability, and a satisfactory performance record. The values and percentages mentioned for similar works completed include: - 90% substantial completion of the original contract price - 25% of the contract value for access to liquid assets - At least 40% of the value of the proposed contract for experience in successfully completing or substantially completing highway or airport runway works - At least 90% completion for substantially completed works Additionally, the bidder should have completed works of a similar nature over the last five years, with a minimum annual financial turnover defined as billing for works in progress and completed in all classes of civil engineering construction works. The bidder's available bid capacity should be more than the total estimated cost of the works, calculated based on the maximum value of work executed in any one year during the last five years. Other values mentioned include cost thresholds of Rs. 50 lakhs, Rs. 15 lakhs, and Rs. 5 lakhs for employing technically qualified staff. The bidder should also have experience as a prime contractor or nominated sub-contractor in the last five years, with the sub-contract involving execution of all main items of work described in the bid document.