Housing And Urban Development Department Tender

The required prior work experience for the bidder involves providing information about similar works they have completed. The bidder needs to submit details of at least three similar works, including the name of the work, name of the client, date and number of the completion certificate, and reference and page number of the documentary proof. There is no specific percentage or amount mentioned for similar works completed. However, work done for private entities will not be considered, and only work done for Central Govt./State Govt./Govt. undertaking will be considered for experiences. The value of similar works should be considered at the current costing level by enhancing the actual value of work at a simple rate of seven percent per annum. The bidder's share in joint venture contracts will be considered in proportion to their share in the JV. For contracts under which the applicant participated as a joint venture member or sub-contractor, only the applicant's share, by value, shall be considered to meet this requirement. The completion certificate should be from a competent authority not below the rank of Executive Engineer and should include a complete description of work, date of completion, and value of work completed. In terms of compensation for delay, the bidder will pay 0.05% per day of the initial cost of the contract, up to a maximum of 10%, for every completed day/week that the progress remains below the specified level. The Available Bid Capacity should be greater than the Estimate Capital Cost of the Project, and it is calculated using the formula: Available bid capacity = A x M x N - B, where A is the maximum value of engineering works executed in any one year during the last five years, M is the multiplier factor (usually 1.5), N is the number of years prescribed for completion of the work, and B is the value of existing commitments and ongoing works to be completed in the next 'N' years. The bidder should submit a copy of the completion certificate and details of similar works in FORM-B, which should include information about the work, client, date of completion, original contract value, and final contract value. The bidder should also submit details of work experience certificates in FORM-A. No specific percentage of similar works completed is mentioned, but the bidder should have experience in works similar to the project. The value of similar works should be at least equal to the Estimate Capital Cost of the Project.