Municipal Corporation Tender

The required prior work experience for the bidder includes having completed similar kind of work. The bidder should have a certain turnover and should provide certificates of quantities executed. However, specific details on the required prior work experience such as the amount and percentage of similar works completed are not explicitly mentioned. The bidder's experience is evaluated based on their annual turnover and existing commitments. The required average turnover of the parent company in the last three years shall be 30% of the cost put to tender of the work mentioned. The bidder should provide details of similar kind of work, turnover certificates, and certificate of quantities executed. The bidder should also provide a statement showing quantities of work executed in any one year during the last five years. No specific value and percentage of similar works completed are mentioned. The bidder's available bid capacity is calculated based on their annual turnover and existing commitments, but no specific amount is mentioned for the value of existing commitments. The bidder is required to show that he has the necessary experience, ability, and financial resources to perform the work in a satisfactory manner within the time stipulated. The contractor may be required to furnish formal statements as to their experience and financial status. The bidder must also submit evidence of access to or availability of credit facilities, which includes a bank certificate stating that the contractor is a reputed company with a good financial standing, and that the bank shall be able to provide overdraft/credit facilities to the extent of a specified amount (not less than Rs. 5 Crores) to meet their working capital requirements for executing the contract. In terms of key personnel, the bidder should have a full-time technical staff on site, including an engineer with a minimum of 5 years of experience and a supervisor with a minimum of 3 years of experience. The bidder should also provide an affidavit of declaration stating that they are not a black-listed contractor anywhere in the execution of any type of work. The affidavit should be produced on Rs. 500/- stamp paper and should mention the work name and tender ID. The escalation factors for the cost of works executed and turnover for financial figures to a common base value for works completed are provided, with multiplication factors ranging from 1.10 to 1.61 for the years 2019-20 to 2023-24. The bidder should pay a cess of 1% of the tender amount as per the "Building and other Construction Act- 1998" and that GST will be paid on the contract value as per the latest circulars or notifications of the government. The bidder should also provide an earnest money deposit in the form prescribed in the notice, and provide a professional tax clearance certificate, an updated employee's provident fund registration certificate, and a GST registration certificate. However, specific information on the required prior work experience in terms of the value and percentage of similar works completed is not provided.