Roads And Buildings Department Tender

The required prior work experience for the bidder includes substantially completed works, which means those works that 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 bidder should have completed works of a similar nature over the last five years, with a total value of at least Rs. 20 lakhs for individual bidders. The value of similar works completed should be at least 90% of the original contract price. The bidder should also provide a certificate from the employers, incorporating clearly the name of the work, contract value, billing amount, date of commencement of works, satisfactory performance of the contractor, and any other relevant information. The bidder's available bid capacity will be calculated based on the maximum value of work executed in any one year during the last five years. The calculation for available bid capacity is as follows: Assessed Available Bid Capacity = (A*N*2-B), where A = Maximum value of work executed in any one year during the last five years, B = Value at current price level of the existing commitments and ongoing works to be completed during the next 9 months. 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 required prior work experience for the bidder is not explicitly stated in terms of years. However, the bidder is required to provide a preliminary description of the proposed work method and schedule, including drawings and charts, as necessary. The value of similar works completed is considered in the calculation of available bid capacity. The bidder's qualification will be based on their meeting the minimum qualification criteria, and their available bid capacity at the expected time of bidding should be more than the total estimated cost of the works. The estimated project cost is 50 Crore and above for joint ventures. The bidder should have access to or have available liquid assets and/or credit facilities up to 25 percent of the value of the contract/contracts applied. The specific details such as the value and percentage of similar works completed are partially provided, with a mention of at least Rs. 20 lakhs for individual bidders and 90% of the original contract price.