Kerala Water Authority Tender

The required prior work experience for the bidder includes having successfully completed a single work worth a minimum of 40% of the cost of the major civil component included in the particular tender. This work should be completed within the last ten years. Annual escalation at 5% (simple interest) will be allowed for the cost of works completed in previous years. For components in the scope of work of projects costing less than 10% of the Tendered PAC, no experience is required. The bidder must also have experience of having successfully completed works of a similar nature, with a minimum value of 40% of the major civil component of the tender. No specific value or percentage of similar works completed is mentioned, but the bidder should have a minimum average annual turnover and net worth, which are calculated based on the estimated cost of the work. The minimum average annual turnover should be greater than 20% of the estimated cost of the work, subject to a maximum requirement of Rs. 500 lakhs. The net worth of the applicant should be more than 15% of annual turnover and not less than 10% of the average annual estimated cost of this contract. The bidder is required to have experience in water treatment plants or sewerage treatment plants of 3 MLD or higher capacity. The bidder should provide information on the contract value, scheduled time of completion, and key persons who executed the project on behalf of the applicant. Specific details to be provided include: - Project identification and location - Name and address of the client - Contract value as constructed value in lakhs - Scheduled time of completion in months - Starting date and completion date - Key persons who executed the project on behalf of the applicant - Construction plant and equipment used in the execution of the project - Percentage of completion for works in hand - Amount claimed in case of arbitration or litigation. For example, if the estimated cost of the work is Rs. 600,00,000 and the completion period is 18 months, the minimum annual turnover should be Rs. 1,20,00,000, and the net worth should be more than Rs. 18,00,000 and not less than Rs. 40,00,000. The performance guarantee will be 5% of the contract value, and at least 50% of this deposit shall be collected in the form of Treasury Fixed Deposit.