Ministry Of Road Transport And Highways Tender

The important information given under the technical capacity header, specifically related to prior work experience, includes: * The bidder must have completed at least: * One similar completed work costing not less than Rs. 96.5 lakh. * Two similar completed works costing not less than Rs. 135.1 lakh each. * One similar completed work costing not less than Rs. 193.0 lakh. * The bidder should have satisfactorily completed (not less than 90% of contract value), as a prime contractor or as a partner of JV for similar works during last five years ending last day of month previous to the one in which bids are invited, either of the following: * Three similar completed works costing not less than amount equal to Rs. 96.5 lakh each. * Two similar completed works costing not less than amount equal to Rs. 135.1 lakh each. * The escalation factors to bring the value of completed works to the current financial year level are: * 1.10 for one year before * 1.21 for two years before * 1.33 for three years before * 1.46 for four years before * 1.61 for five years before * The available bid capacity is calculated as: Available Bid capacity = (A * N * 2.5 - B), where: * A is the maximum value of civil engineering works executed in any one year during the last three years. * N is the number of years prescribed for completion of the works. * B is the value of existing commitments and ongoing works to be completed during the next one year. The percentage mentioned is 90% for satisfactorily completing the contract value and 2.5 for bid capacity calculation.Similar works or eligible projects include: - one similar completed work costing not less than Rs. 96.5 lakh, - two similar completed works costing not less than Rs. 135.1 lakh each, - one similar completed work costing not less than Rs. 193.0 lakh, with the work constituting construction/maintenance of roads. Additionally, 25% of the value of work during implementation of the Contract is towards working capital.