Pradhan Mantri Gram Sadak Yojana Tender

The bidder is required to have prior work experience as a prime contractor or sub-contractor on construction works of a similar nature and volume over the last five years. For similar works completed, the bidder should have satisfactorily completed, as prime Contractor or sub-contractor, at least one similar work equal in value to one-third (one-fourth in case of Naxal / LWE affected districts) of the estimated cost of work (excluding maintenance cost for five years) for which the bid is invited. In terms of financial turnover, the bidder should have achieved in any one year, a minimum financial turnover equivalent to: - 60% of amount put to bid, in case the amount put to bid is Rs.200 lakhs and less. - 75% of amount put to bid, in case the amount put to bid is more than Rs. 200 lakhs. In Naxal/Left Wing Extremist Affected Districts, the figures of 60% and 75% would be replaced by 50%. The value of road work completed by the bidder under Pradhan Mantri Gram Sadak Yojana in originally stipulated period of completion shall be counted as 120% for the purpose of this Sub-Clause. The turnover will be indexed at the rate of 8% per year. Proposals for subcontracting the components of the Works for construction/up-gradation, aggregating to not more than 25 percent of the Contract Price are allowed.