Municipal Corporation Tender

The required prior work experience for the bidder includes experience as a Prime contractor and as a sub-contractor, although the number of years of experience is not specified. The bidder should have experience in similar work, including one year of O&M with Elect/Mech/Instrumentation in completed sewage works. The bidder needs to provide details of major contracts executed during the last three years, including the contract value, stipulated period of completion, and value of works remaining to be completed. The cumulative annual turnover for the last three years is also required, with the average annual financial turnover calculated based on this information. The average annual turnover during the last three years should be at least 30% of the estimated cost. In terms of specific values and percentages, the bidder needs to provide information such as cumulative annual turnover, average annual financial turnover, assessed available bid capacity, value of existing commitments and ongoing works, and value of works remaining to be completed. The bidder should also provide the contract value, stipulated period of completion, anticipated date of completion, and percentage of work completed. The bidder's experience in executing or major items of works will be considered, with weight given to each Joint Venture (J.V.) partner in proportion to their J.V. percentage. The bidder should have access to liquid assets amounting to Rs.79,59,620/-, and their audited balance sheets for the last five years should demonstrate a sound financial position. Liquidated damages of 0.05% of the contract value (including GST) per day will be imposed if the contractor fails to complete the work by the stipulated date, up to a maximum amount of 10% of the contract value.