Roads And Buildings Department Tender

The required prior work experience for the bidder includes having 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 have personnel with adequate experience as required. The value and percentage of similar works completed is mentioned as 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 similar works with a value of at least 90% of the original contract price. Additionally, the bidder must demonstrate experience and resources sufficient to meet the aggregate of the qualification criteria for each contract. The bidder should also provide information on the total value of civil engineering constructions performed in the last five years and details of specific projects. The amount of liquid assets or credit facilities required is up to 25% of the value of the contract/contracts applied. Enhancement factors are used to adjust the costs of works executed to a common base value, with multiplying factors ranging from 1.00 for the current financial year to 1.63 for five years prior.