State Building Construction Corporation Limited Tender

The required prior work experience for the bidder includes experience in works of a similar nature and size for each of the last five years. The bidder should have completed a certain amount of work, with specific details such as total monetary value of construction work performed for each of the last five years, experience in works of a similar nature and size, and quantities of work executed as prime contractor. The specific values and percentages mentioned include: * Total monetary value of construction work performed for each of the last five years * Quantities of work executed, including items such as Cement Concrete and Earth Works * 10% of the Bid Price for subcontracting components of the works * Amount involved in litigation, with details of any litigation during the last five years Additionally, 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. The calculation for available bid capacity is as follows: Assessed Available Bid capacity = (A*N*2-B), where A = Maximum value of civil engineering works executed in any one year during the last five years, N = Number of years prescribed for completion of the works for which bids are invited, B = Value of existing commitments and on-going works to be completed during the next 09/12 Years. The bidder should also demonstrate having experience and resources sufficient to meet the aggregate of the qualifying criteria for the individual contracts, with a minimum cash investment of up to 25% of the contract value during implementation of the work, and access to lines of credit and availability of other financial resources facilities of at least 10% of the contract value.