Ministry Of Road Transport And Highways Tender

The important information given under the technical capacity header which is specifically related to prior work experience is as follows: (a) Achieved a minimum annual financial turnover in any one year, over the last five years of the annual value of contract / contracts applied for. (b) Experience in successfully completing or substantially completing at least one similar type work of at least 40 percent of the value of proposed contract within the last five years. The values and percentages mentioned are: - 40 percent of the value of proposed contract - 90 percent completion of works - 50 percent of all criteria for the lead partner - 30 percent of the qualifying criteria for other joint venture partners. Additionally, the value of the proposed contract is Rs. 49466995.33.At least one similar type work of at least 40 percent of the value of proposed contract within the last five years, with substantially completed works meaning those works which are at least 90 % completed. The experience includes a minimum annual financial turnover, with specific details such as project name, employer, and contract value. Quantities of work executed and annual financial turnover amount are also considered, with a value of work being Rs. 49466995.33 and liquid assets or credit facilities being Rs. 1,23,66,749/-. Additionally, escalation factors for different financial years are provided. The lead partner must meet not less than 50 percent of all criteria, and other joint venture partners must have experience of not less than 30 percent of the qualifying criteria.