Ministry Of Road Transport And Highways Tender

The important information given under the technical capacity header which is specifically related to prior work experience includes: 1. The applicant should have successfully completed or substantially completed similar works during the last seven financial years. 2. The similar completed works should be either: i) Three similar completed works each costing not less than 40% of the estimated cost; ii) Two similar completed works each costing not less than 50% of the estimated cost; iii) One similar completed work costing not less than 80% of the estimated cost. 3. Substantial completions shall be based on 80% (value wise) or more works completed under the contract. 4. The value of work executed shall be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per financial year. Additionally, for joint ventures or sub-contracts, only the bidder's share by value is considered. The bidder should also provide details of other civil works of similar nature executed and completed in any government or semi-government department during the last 5 years. Other values mentioned include: - 10% of contract value for access to line(s) of credit and availability of other financial resources facilities. - 25% of contract value for the bidder's undertaking to invest a minimum cash during implementation of work. - 50% and 25% for the experience of joint venture partners. - 120 days for the validity period of bids from the date of opening of technical bids.Similar works or eligible projects mentioned in the technical capacity experience include: - Single work of similar nature with a value not less than 40% of the contract value. - Three similar completed works each of value not less than 40% of the contract value. - Two similar completed works each of value not less than 50% of the contract value. - One similar completed work of value not less than 80% of the contract value.