Rural Water Supply And Sanitation Department Tender

Information regarding prior work experience for the bidder is not explicitly mentioned in terms of specific years or similar works completed. However, the bidder is required to provide information on any litigation or arbitration resulting from contracts executed in the last five financial years. Additionally, the bidder needs to submit financial reports for the last five financial years, including balance sheets, profit and loss statements, and auditors' reports. There is also a mention of the bidder's capability to execute and complete the work as per technical specifications within the stipulated period, which implies that the bidder should have relevant experience. However, specific details about the value and percentage of similar works completed are not provided. The bidder is required to provide a proposal for subcontracting components of the works amounting to more than 20% of the bid price, along with the qualification and experience of the identified sub-contractor in the relevant field. In terms of financial requirements, the bidder needs to demonstrate access to financial resources to meet the qualification requirements, including cash in hand, lines of credit, etc. The bidder also needs to provide a Chartered Accountant Certificate with respect to financial turnover. The bid security requirements are also mentioned, with specific percentages and amounts based on the difference between the estimated cost and the bid amount. For example, if the bid amount is below 5% of the estimated cost, no bid security is required. If the bid amount is between 5% and 10% of the estimated cost, 50% of the difference between the estimated cost and the bid amount is required as bid security. If the bid amount is 10% or more above the estimated cost, 150% of the difference is required as bid security.