Roads And Buildings Department Tender

The required prior work experience for the bidder includes experience in successfully completing or substantially completing at least one contract of highway or airport runway of at least 40 percent of the value of the proposed contract within the last five years. The works may have been executed as prime contractor, joint venture, or nominated sub-contractor. Substantially completed works mean those works which are at least 90% completed. The value and percentage of similar works completed include: - At least 90% completion of works - At least 40 percent of the value of the proposed contract - The bidder should have achieved a minimum annual financial turnover, defined as billing for works in progress and completed, in any one year, over the last five years, of the annual value of contract/contracts applied for. Additionally, the bidder should provide a certificate from the employer with details such as contract value, billing amount, and satisfactory performance for substantially completed works. The lead partner in a joint venture should 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. The bidder's available bid capacity will be calculated based on the maximum value of work executed in any one year during the last five years. The estimated project cost should be 50 Crore and above for joint ventures. The bidder should have available liquid assets, including working capital, cash in hand, and uncommitted bank guarantees, up to 25 percent of the value of the contract.