Water Resources Department Tender

The required prior work experience for the bidder is not explicitly mentioned in terms of years, but certain criteria are specified. To qualify, each bidder should have a maximum annual turnover of not less than Rs.202.00 Lakh over the last five years. The bidder should have completed at least one work of Construction Of Flood Protection Wall costing Rs.13.80 lakhs (updated to current price level 2023-24). For general experience, the bidder should have executed the following major items of work in any one financial year during the last five years: 1. Excavation - 11500 Cum 2. Concrete - 360 Cum 3. HYSD - 25 MT 4. Pitching - 1032 Sqm No specific percentage of similar works completed is mentioned. However, the bidder should submit a certificate in support of their eligibility, technical know-how, capability, and having successfully completed works from clients/owners of respective works. The bidder's bid capacity is evaluated based on their maximum annual turnover during the last five years, and the value of existing commitments and works ongoing to be completed in the period stipulated for completion of the work in the present tender. The bid capacity formula is: Bid Capacity = (A x N x 2) – B, where A is the maximum annual turnover, N is the number of years prescribed for completion of the work, and B is the value of existing commitments and works ongoing. No specific amount or percentage is mentioned for similar works completed, but the bidder should have a minimum bid capacity as per the formula. Additionally, if the first lowest (L1) tenderer quotes their offer below the estimated cost, they shall have to submit an additional performance security deposit, which ranges from 1% of the estimated cost (minimum Rs. 1000) if the offer is 1-10% below the estimated cost.