Roads And Buildings Department Tender

The required prior work experience for the bidder is 5 years, with the bidder having completed works of a similar nature over the last five years and in the current year before the submission of the bid. The bidder should have experience in similar work, and the quantities of work executed as prime contractor or as a nominated sub-contractor will also be considered. The value of the contract and the percentage of similar works completed are not explicitly mentioned. However, it is mentioned that the bidder should have achieved a minimum annual financial turnover, defined as billing for works in progress and completed in all classes of civil engineering construction works, of at least the annual value of the contract applied for in any one year over the last five years. The bidder should also 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. Substantially completed works mean those works which are at least 90 percent completed as on the date of submission, with a gross value of work done up to the last date of submission being 90 percent or more of the original contract price. For joint ventures, the lead partner should meet not less than 50 percent of all criteria, and the joint venture must collectively satisfy the criteria. The experience of the other joint venture partners shall be considered if it is not less than 30 percent of the qualifying criteria. The bidder should also have access to financial resources to meet the qualification requirements, with details such as cash in hand, lines of credit, and bank certificates, up to 25 percent of the value of the work during implementation of the contract. The bidder should also have access to, or have available, liquid assets (aggregate of working capital, cash in hand, and uncommitted bank guarantees) and/or credit facilities up to 25 percent of the value of the contract/contracts applied. Mentioned values and percentages include: - 5 years of prior work experience - 90 percent completion for substantially completed works - 40 percent of the value of the proposed contract for similar works - 50 percent of all criteria for the lead partner in joint ventures - 30 percent of the qualifying criteria for other joint venture partners - 25 percent of the value of the work during implementation of the contract for access to financial resources - 25 percent of the value of the contract/contracts applied for liquid assets and/or credit facilities.