Municipal Corporation Tender

The bidder is required to demonstrate a sound financial position and profitability over the last three years, as evidenced by audited balance sheets. They must also provide information on any litigation history or arbitration resulting from contracts completed or under execution over the last ten years. The bidder's experience in completing similar works is a factor in the evaluation, with consideration given to the time of completion, efficiency, compatibility, reliability, and technical competence of the construction methods used. The bidding capacity is calculated based on their past experience, with a formula that takes into account the maximum value of contracts executed in any one year during the last three years, updated to the current price level. The bidder should have experience in similar works and provide evidence of financial capacity to execute a contract of this magnitude. They should also furnish information about their experience in similar works, including the names of authorities for which the works were executed, and provide a list of current jobs of comparable nature, along with starting dates, likely completion dates, and contract values. Specifically, the bidder should provide the price of the biggest job carried out, as well as the contract values of current jobs of comparable nature. However, no specific percentage of similar works completed is mentioned. The bidder must have suitably qualified personnel, with experience requirements including: - Project Manager (Civil): 8 years of experience, with 5 years in similar works. - Civil Engineer: 5 years of experience, with 3 years in similar works. - Safety Engineer: 2 years of experience, with 2 years in similar works. - Site Engineer: 3 years of experience, with 2 years in similar works. A solvency certificate with an amount of 20% of the tendered estimated cost is also required. The Bid Capacity should be greater than or equal to the estimated cost of the project, but no specific percentage or amount is provided. The bidder is subject to rejection if they have a record of poor performance, such as abandoning work, not properly completing contracts, or financial failures. Details of the work of similar type and magnitude carried out by the tenderer are required, but specific values or percentages of similar works completed are not mentioned.