Roads And Buildings Department Tender

The required prior work experience for the bidder includes: - Substantially completed works of at least 90 % completion - Availability of personnel with adequate experience - Access to liquid assets and/or credit facilities up to 25 percent of the contract value - Sound financial position with long-term profitability - No history of poor performance, litigation, or financial failure. The bidder should have completed works of a similar nature over the last five years, with a total value of civil engineering constructions work performed in the last five years. The value of such works should be at least Rs. 20 lakhs. The bidder should have achieved a minimum annual financial turnover of the annual value of the contract or contracts applied for in any one year over the last five years. The bidder should have experience in successfully completing or substantially completing at least one contract of highway (road and/or bridge works) or airport runway of at least 40 percent of the value of the proposed contract within the last five years. The values and percentages mentioned are: - 90 % completion of substantially completed works - 25 percent of the value of the contract for liquid assets and/or credit facilities - 40 percent of the value of the proposed contract for similar works completed. Additionally, the bidder should have completed works with a value of at least 20 (no unit specified) in the last five years, and the bidder should have completed works of a similar nature, with a minimum value and percentage of the estimated project cost, such as a minimum value of Rs.15 lakhs, Rs.50 lakhs, or more, depending on the cost of the work to be executed.