Roads And Buildings Department Tender

The bidder is required to have prior work experience, including a description of the proposed work method and schedule, as well as information on the quantities of work executed as a prime contractor or nominated sub-contractor. The bidder should provide information on the value of contracts completed, including the date of issue of the work order, stipulated period of completion, and actual date of completion. 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% completed as on the date of submission, with a gross value of work done up to the last date of submission being 90% or more of the original contract price. The lead partner in a joint venture should meet not less than 50 percent of the criteria, while other joint venture partners should meet not less than 30 percent of the qualifying criteria. The bidder should have a consistent history of completing works, with no poor performance, litigation, or financial failures. In terms of specific values and percentages, the bidder is required to invest a minimum cash amount of up to 25% of the value of the work during the implementation of the contract. The bidder's available bid capacity should be more than the total estimated cost of the works. The bidder should have access to liquid assets and credit facilities up to 25 percent of the value of the contract. The bidder's experience and available bid capacity will be evaluated based on the works completed in the last five years, with the value updated to the current price level. The bidder should have completed works of a certain value, with the available bid capacity being more than the total estimated cost of the works. 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, which will be updated to the current price level.