Roads And Buildings Department Tender

The required prior work experience for the bidder includes having worked as a prime contractor or nominated sub-contractor in the last five years, with experience in works of a similar nature, such as highway (road and/or bridge works) or airport runway. The bidder should have completed or substantially completed at least one contract of at least 40 percent of the value of the proposed contract within the last five years. Substantially completed works are defined as those that are at least 90 percent completed. In terms of specific values, the bidder should have a minimum annual financial turnover of at least the annual value of the contract applied for in any one year over the last five years. The bidder should also have experience in successfully completing or substantially completing at least one contract of at least 40 percent of the value of the proposed contract. The value and percentage of similar works completed are mentioned as 40 percent of the value of the proposed contract for completed or substantially completed works, and 90 percent completion for substantially completed works. Additionally, the bidder needs to provide information on the total value of civil engineering constructions completed in the last five years and quantities of work executed as prime contractor or nominated sub-contractor in the last five years. The lead partner in a joint venture should meet at least 50 percent of the qualification criteria, and the joint venture should collectively satisfy the criteria. The bidder should also have access to liquid assets of up to 25 percent of the value of the contract.