Roads And Buildings Department Tender

The required prior work experience for the bidder includes general experience and experience in the proposed position. However, the exact years of experience are not specified. For works costing under 7.5 crore for Road Works and 7.0 crore for Building and Bridge Works, the bidder should submit "Work Experience, if necessary." The bidder's prior work experience should include completion of similar works, with a value of at least a certain amount. Specifically, for joint ventures applicable to estimated project costs of 50 Crore and above, the bidder should have a minimum prior work experience of completing works of a similar nature, with a value of at least 50 Crore. The lead partner in a joint venture must meet not less than 50 percent of all criteria, and the joint venture must collectively satisfy the criteria. Other joint venture partners should have at least 30 percent of the qualifying criteria. The available bid capacity should be more than the total estimated cost of the works and is calculated based on the maximum value of work executed in any one year during the last five years, updated to the price level of the year indicated. The bidder should demonstrate a consistent history of awards and performance, with no history of poor performance, and a sound financial position, with no history of financial failure or bankruptcy. The bidder should submit audited balance sheets for the last five years, demonstrating a consistent history of profitability and financial soundness. The bidder should provide information on any litigation or arbitration resulting from contracts completed or under execution over the last five years, with no consistent history of awards against the bidder, and demonstrate long-term profitability, including an estimated financial projection for the next two years. The value and percentage of similar works completed are mentioned as at least 50 Crore for joint ventures, with the lead partner meeting at least 50 percent of the criteria and other joint venture partners having at least 30 percent of the qualifying criteria.