Roads And Buildings Department Tender

The required prior work experience for the bidder includes achieving a minimum annual financial turnover of the annual value of the contract 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. Substantially completed works mean those works which are at least 90% completed as on the date of submission, 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 of the proposed contract is Rs. 6,66,75,282.06. The bidder should have completed similar works with a value of at least 40% of the proposed contract, which is Rs. 2,66,70,113.02. The works should be substantially completed, meaning at least 90% completed. The bidder should also have a minimum annual financial turnover amount, although the exact amount is not specified. The bidder should have liquid assets and/or availability of credit facilities of 25% of the tender amount, which is Rs. 16,66,900.00. In terms of experience in similar works, the bidder should have experience in works of a similar nature, but the exact amount and percentage are not specified, except for the 40% and 90% mentioned above. The bidder should have completed works in the last five years, from 2019-2020 to 2023-2024. Additionally, the bidder must invest a minimum cash up to 25% of the value of the work during implementation of the contract. The bidder should indicate actual figures of costs and amount for the works executed by them. The bidder is also required to provide information on the value and quantity of similar works completed in the last five years, including project name, name of the employer, description of work, contract number, value of contract, date of issue of work order, stipulated period of completion, actual date of completion, and remarks explaining reasons for delay and work completed.