Ministry Of Road Transport And Highways Tender

The important information given under the technical capacity header which is specifically related to prior work experience includes: - Average Annual Turn-over during last 3 years, - Work of similar nature during last 5 years (completed works satisfactorily completed not less than 90% of contract value as a prime contractor). The values mentioned are: - Minimum Average Annual Turnover: Rs. 293.93 lakhs, - Single work of Rs. 142.28 lakhs, - Two similar works each of Rs.99.59 lakhs, - Three similar works each of Rs.71.14 lakhs. Also, the bidder should have evidence of availability of key equipment for the work, personnel with the required qualification and experience, and a record of successful completion of similar works, with a minimum average performance rating of 80% for performance-based items. Additionally, the bidder's prior work experience should include similar type of work, with a total bid value, and the bidder's payment will be proportionate to the average percentage of performance assessed, with a maximum payment for performance-based items at 100% and a minimum payment at 80%. The bidder should maintain availability of minimum cash amounting to 25% of the value of the work during implementation of the Contract towards working capital. The bidder should have available bid capacity, which is calculated based on the formula AxNx2.5 – B, where A and B are values that need to be filled in by the bidder, and N is the number of years. The bidder should have experience in similar work, with a minimum requirement of 5 years as a Project Manager on Highway, Bridge, etc. The escalation factors shall be used to bring the value of such completed works to the level of current financial year. The bidder should have achieved a minimum average annual financial turnover (in all classes of civil engineering construction and maintenance works only) equal to the amount indicated in NIT during last three years ending 31st March of the previous financial year duly certified by Chartered Accountant.Similar work or eligible projects mentioned in the technical capacity experience include civil engineering construction and maintenance works, such as: 1. Highway construction/maintenance works 2. Bridge construction/maintenance works 3. Road maintenance works Values mentioned: - Total monetary value of civil engineering construction and maintenance works performed for each of the last three years - Minimum average annual financial turnover for the last three years Percentage mentioned: - 90% of contract value (for satisfactorily completed works) - 80% to 100% (for performance-based payment) Specific amounts mentioned: - Rs. 71.14 lakhs - Rs. 99.59 lakhs - Rs. 142.28 lakhs - Rs. 146.97 lakhs - Rs. 102.88 lakhs - Rs. 73.48 lakhs - Rs. 2,93,92,589.66 (total amount for the project)