Roads And Buildings Department Tender

The required prior work experience for the bidder includes having completed or substantially completed 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 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. Substantially completed works means those works which are at least 90 % completed. The value of similar works completed should be at least 40 percent of the proposed contract value. 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. The percentage of similar works completed is 40 percent, and the bidder should have completed at least one contract of this value within the last five years. The substantially completed works should be at least 90% of the original contract price. No specific information on the exact amount of similar works completed is provided, but the annual financial turnover amount is given as Rs. 70796792.25. Liquid assets and/or availability of credit facilities is 25% of the tender amount, which is Rs. 17,700,000.