Roads And Buildings Department Tender

The required prior work experience for the bidder includes experience in similar works, with specific details such as having completed at least one similar work of a value of 90 percent or more of the original contract price, and continuing satisfactorily. The lead partner in a joint venture must meet not less than 50 percent of all criteria, and the joint venture must collectively satisfy the criteria. The experience of other joint venture partners shall be considered if it is not less than 30 percent of the qualifying criteria. In terms of specific values and percentages, the bidder should have: * Completed at least 90% of the original contract price for similar works completed. * Completed at least 40% of the value of the proposed contract for highway or airport runway works. * Annual financial turnover of at least the annual value of the contract applied for. * Achieved 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 gross value of work done should be 90% or more of the original contract price for substantially completed works. Additionally, the bidder's available bid capacity is calculated based on the maximum value of work executed in any one year during the last five years, updated to the price level of the year indicated in the appendix, using the formula: Assessed Available Bid Capacity = (A*N*2-B), where A is the maximum value of work executed, N is the number of years prescribed for completion of the works, and B is the value of existing commitments and ongoing works. The approximate value of the works is Rs. 3,88,08,327.76, and the bid security is Rs. 388090.00, which is 1% of the approximate value of the works.