Municipal Corporation Tender

The bidder is required to have prior work experience in projects related to sewerage house connection with road restoration. The bidder should have completed similar works in the last seven years, with details of the works, including project cost, time taken for completion, and project details. The bidder should have successfully completed or substantially completed at least one contract of similar nature of work of at least 40% of the value of the proposed contract within the last seven years. Substantially completed work means those works which are at least 90% completed as on the date of submission, with a gross value of work done up to the last date of submission being 90% or more of the original contract price. The bidder should have a minimum annual turnover of Rs. 4,36,87,000/- in any one year over the last seven financial years. The bidder should also have enough machinery and experienced personnel to supervise the work. The value of similar works completed by the bidder should be mentioned, along with the percentage of works completed below or above the rates given in the price schedule. The bidder should have completed works of a similar nature, with a minimum annual turnover in any one year over the last seven financial years. The bidder should provide information on the maximum value of works executed in any one year during the last seven years, which will be used to calculate the available bid capacity. The bidding capacity will be worked out as follows: Bidding capacity = [2 * A * N] – B, where A is the maximum value of works executed in any one year, N is the number of years prescribed for completion of the works, and B is the value of existing commitments and ongoing works. The bidder should also provide a statement of similar works completed, including details such as name and type of work, address, tenderer's role, year of completion, time taken for completion, project details, and project cost. The bidder should also provide a statement of important construction projects, including estimated cost, prescribed time of performance, and actual completion cost. In terms of specific values and percentages, the bidder should provide information on the annual turnover for the last five years, with certified true copies of the balance sheets attached. The bidder should also provide a cash plan or cash flow statement, which should include details of the bidder's ability to sustain a negative cash balance for at least 12 months. The bidder should have access to liquid assets or credit facility equal to 25% of the value of the contract. The bidder should provide a certificate from the employer for substantially completed works, incorporating details such as name of work, contract value, billing amount, and date of commencement of work. The bidder should have completed similar works, but the exact percentage of similar works is not specified. However, it is mentioned that substantially completed work should be at least 90% completed. The value of similar works completed should be updated to the current price level using an enhancement factor, with factors ranging from 1.00 to 1.95 for different years. An enhancement factor of 10% per year will be applicable to arrive at the average annual turnover and finalize the magnitude of work done in the last seven years.