Roads And Buildings Department Tender

The required prior work experience for the bidder is 5 years, including the current year, before the submission of the bid. The bidder should have completed works of a similar nature, with the sub-contract involving the execution of all main items of work described in the bid document. The value and percentage of similar works completed are not explicitly mentioned. However, it is mentioned that 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 bidder should have experience in similar work, but the specific amount and percentage are not provided. The bidder should have achieved a minimum annual financial turnover in any one year, over the last five years, of the annual value of the contract 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 bidder should provide information on the total value of civil engineering constructions work performed in the last five years. The bidder should also provide information on the cost of the work to be executed, with specific thresholds mentioned, such as more than Rs.50 lakhs, more than Rs.15 lakhs but less than Rs.50 lakhs, less than Rs.15 lakhs but more than Rs.5 lakhs, and less than Rs.5 lakhs. In terms of specific values and percentages, the bidder should have completed at least 30 percent of the qualifying criteria mentioned. The bidder should also provide information on the multiplying factors for works completed in different years, with specific factors mentioned, such as 1.00 for the base year, 1.10 for the previous year, 1.21 for the year before that, and so on. The bidder should have access to or have available liquid assets, including working capital, cash in hand, and uncommitted bank guarantees, up to 25 percent of the value of the contract. The audited balance sheets for the last five years should demonstrate the soundness of the applicant's financial position, showing long-term profitability, including an estimated financial projection for the next two years.