State Building Construction Corporation Limited Tender

The required prior work experience for the bidder includes having executed works of a similar nature and size for each of the last five years. The bidder should have experience in works such as cement concrete and earthworks. The value and percentage of similar works completed are not explicitly mentioned. However, the bidder is required to provide information on the quantity of work performed and the value of contracts completed, which can be used to calculate the percentage of similar works completed. The bidder is required to provide information on the quantities of work executed as a prime contractor or as a nominated sub-contractor in the last five years, including the value of the contract and the stipulated period of completion. Additionally, the bidder must demonstrate having experience and resources sufficient to meet the aggregate of the qualifying criteria for the individual contracts. The bidder's available bid capacity will be calculated based on the maximum value of civil engineering works executed in any one year during the last five years. A minimum of 20% of the estimated cost and an undertaking to invest a minimum of 25% of the contract value of work during implementation of the contract are required. The bidder should also provide evidence of access to or availability of credit facilities, certified by the bankers, with a minimum of 20% of the estimated cost. The bidder should also provide information on their financial standing, including profit and loss statements and auditor's reports for the past five years, and evidence of access to lines of credit and availability of other financial resources facilities, certified by the bankers, with a minimum of 10% of the contract value. The bidder is also required to provide an undertaking that they will be able to invest a minimum cash up to 25% of the contract value of work during implementation of the work.