Pradhan Mantri Gram Sadak Yojana Tender

The bidder is required to have prior work experience in civil engineering construction work, specifically having executed and received payments for a total annual volume of civil engineering construction work of a certain value over the last five years. The bidder should have experience in works of a similar nature and size for each of the last five years. The bidder should have satisfactorily completed, as prime Contractor or sub-contractor, at least one similar work equal in value to one-third of the estimated cost of work (excluding maintenance cost for five years) for which the bid is invited. In terms of value and percentage, if the bidder has executed road works under Pradhan Mantri Gram Sadak Yojana in the originally stipulated completion period, the financial turn over achieved on account of execution of road works under PMGSY shall be counted as 120% for the purpose of this sub-clause. To qualify for the contract, each bidder should have achieved in any one year, a minimum financial turn over equivalent to: - 60% of the amount put to bid, in case the amount put to bid is Rs. 200 lakhs and less. - 75% of the amount put to bid, in case the amount put to bid is more than Rs. 200 lakhs. The turnover will be indexed at the rate of 8% per year. The bidder should also have access to lines of credit and other financial resources equivalent to 10 percent of the contract value. The bidder is allowed to propose sub-contracting of components of the works for construction or up-gradation, aggregating to not more than 25 percent of the contract price.