Roads And Buildings Department Tender

The required prior work experience for the bidder includes providing biographical data for key personnel, including their qualifications and years of experience, as well as the experience of sub-contractors in similar work. 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, and continuing satisfactorily. The value and percentage of similar works completed are not explicitly mentioned, but it is mentioned that the bidder should have experience in works of similar nature. However, some specific values and percentages are mentioned, such as: - 90% (substantially completed works) - 40% (minimum value of similar works completed) - 50% (minimum qualification requirements for the lead partner in a joint venture) - 30% (minimum qualification requirements for other joint venture partners) - 6% (proportion of payments retained) - 10% (maximum limit of liquidated damages) - 5% (maximum limit of bonus for early completion of work) - 1/2000th (amount of liquidated damages per day) - 20% (percentage of deduction from interim payments for repayment of advance) - 5% (percentage of performance security) Additionally, the bidder should have a minimum annual financial turnover of at least the annual value of the contract applied for in any one year over the last five years. The bidder should also demonstrate having experience and resources sufficient to meet the aggregate of the qualification criteria for each contract.