Roads And Buildings Department Tender

The required prior work experience for the bidder includes having achieved a minimum annual financial turnover in any one year, over the last five years, of the annual value of the contract or contracts applied for. Additionally, 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 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, with a gross value of work done up to the last date of submission being 90% or more of the original contract price. The value and percentage of similar works completed are not explicitly mentioned. However, the bidder is required to provide a preliminary description of the proposed work method and schedule, including drawings and charts, as necessary, to justify their capability of execution and completion of work as per technical specifications, within the stipulated period of completion. The bidder's available bid capacity is also calculated based on the maximum value of work executed in any one year during the last five years, taking into account completed as well as works in progress, and the value of existing commitments and ongoing works to be completed during the next period of completion of work for which bids are invited. In terms of specific values, the bidder's work experience is categorized based on the cost of the work to be executed, with different requirements for works costing more than Rs.50 lakhs, between Rs.15 lakhs and Rs.50 lakhs, between Rs.5 lakhs and Rs.15 lakhs, and less than Rs.5 lakhs. The percentages mentioned include 90% completion of substantially completed works, 50% of all criteria for the lead partner in a joint venture, 30% of the qualifying criteria for other joint venture partners, and 25% of the value of the contract/contracts applied for access to liquid assets and/or credit facilities.