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: Rs. 459.15 lakh, - Work of similar nature during last 5 years (completed works satisfactorily completed not less than 90% of contract value as a prime contractor), - Single work of Rs. 229.58 lakh (minimum 50% of estimated cost of work), - Two similar works each of Rs. 160.70 lakhs (minimum 35% of estimated cost of work), - Three similar works each of Rs. 114.79 lakhs (minimum 25% of estimated cost of work). Additionally, the bidder should have a minimum cash amounting to 25% of the value of the work during the implementation of the contract towards working capital. The bidder should also provide information on existing commitments and ongoing works, including the description of work, place and state, contract number, name and address of the employer, value of the contract, stipulated period of completion, value of works remaining to be completed, escalation factor, and anticipated date of completion. The bid capacity should be calculated as AxNx2.5 – B, where A and B are values that need to be provided by the bidder. The qualification criteria are satisfied (in the same name) of a similar nature during the last five years. The bidder should have completed similar work of a minimum value of Rs. ………… Lakh during the last five years. The total value of work performed as a prime contractor should be provided for the years 2022-23, 2023-24, and 2024-25. The following escalation factors shall be used to bring the value of such completed works to the level of current financial year (2025-26): Financial Year - 2024-25, Multiplying Factor - 1.1 Financial Year - 2023-24, Multiplying Factor - 1.21 Financial Year - 2022-23, Multiplying Factor - 1.33 Financial Year - 2021-22, Multiplying Factor - 1.46 Financial Year - 2020-21, Multiplying Factor - 1.61.Highway construction/maintenance works, Bridge construction/maintenance works, and Road maintenance works are mentioned as similar work or eligible projects in the technical capacity experience. Values mentioned include: - Total value of Civil Engineering construction and/or maintenance works performed in the last three years, but the exact amounts for the years 2022-23, 2023-24, and 2024-25 are not specified. - Minimum average annual financial turnover for the last three years. - 3% (three percent) of the Bid Price for Performance Security. - Net worth of not less than Rs. 500 crore as per the latest Annual Report of the Bank for Scheduled Commercial Bank approved by RBI.