Water Resources Department Tender

The bidder should have at least 1(one) single civil work order of value not less than 50% of the package value if the package value is up to Rs.5.00 crore. In case of package value more than Rs.5.00 crores, the bidder should have at least 1(one) single civil work order of value not less than 60% of the package value or 2 (two) works equaling 70% of package value. The bidder needs to have a record of successful completion of similar works, although specific details about the required prior work experience are not provided. No specific percentage of similar works completed is mentioned. However, the bidder should submit a consolidated financial statement for the preceding five financial years, including annual turnover for civil works only, and the bidder's annual turnover for civil works for the preceding five financial years is considered. The bidder should have a minimum annual turnover of Rs. 5.00 crore for the work. In terms of specific values and percentages, bidders who quoted less than 10% below the package value/estimate rate will be retained and qualify for allotment. The minimum allowable lowest quoted value (ALQV) would be calculated by subtracting 10% of the package value and rounding up the results to the next whole number. For example, if the package value is Rs 1,00,000.00, the ALQV will be Rs 90,000.00, and any quoted value less than this will be summarily rejected. The bidder is required to submit an up-to-date progress report of all the works allotted to them in the past 5 years, and the bidder should have completed works in the past. The bidder should not have abandoned any work in India, nor should any contract awarded to them have been rescinded, during the last 5 years prior to the date of the bid. The bidder should submit a Financial Statement containing the value of annual turnover for the last 3 years, and the maximum value of annual turnover during the last three years should be mentioned. The bidder's performance will be evaluated, and poor performance during the last five years, such as abandoning works, rescinding contracts, or financial failure due to bankruptcy, may lead to disqualification. The bidder's performance in implementing allotted works will also be considered.