Roads And Buildings Department Tender

The required prior work experience for the bidder includes having 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 works may have been executed by the applicant as prime contractor or as a member of a joint venture or as a nominated sub-contractor. Substantially completed works mean those works which are at least 90% completed as on the date of submission. The bidder should have completed at least 90% of the original contract price, and the contract value should be at least 40% of the proposed contract value. For example, if the proposed contract value is Rs. 42289873.19, the bidder should have completed a contract of at least 40% of this value, which is Rs. 16915589.28, within the last five years. Additionally, the bidder should demonstrate experience in executing similar works, with a minimum annual financial turnover of the annual value of the contract applied for. The bidder should also provide information on their existing commitments and ongoing works, including the value of works remaining to be completed. However, specific details such as the exact amount and percentage of similar works completed are not consistently mentioned, but it is required that the bidder should have completed at least one contract of similar nature, with a value of at least 40% of the proposed contract value, within the last five years.