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: - The Applicant should demonstrate experience in works of similar nature and size for each of the last five years. - The quantity of work executed as prime contractor, work performed in the past as a nominated sub-contractor, will also be considered provided the sub-contract involved execution of all main items of work described in the bid document. - The experience of the other joint venture partners shall be considered if it is not less than 30 percent of the qualifying criteria. - The lead partner shall meet not less than 50 percent of all the qualifying criteria given. - Total monetary value of construction work performed for each of the last five years. - Experience in works of similar nature and size for each of the last five years, and details of works underway or contractually committed. Values like amount and percentage mentioned under the same header include: - 10 percent of the value of the contract, which the joint venture partner shall have to commit to provide liquidity support to the project. - 30 percent of the qualifying criteria, which is the experience of the other joint venture partners. - 50 percent of all the qualifying criteria, which the lead partner shall meet. - 10 percent per year, which is the rate of inflation. - Rs 5.00 crore (for contracts over this amount, the proposed methodology and programme of construction is required) - 10% (of the bid price, for subcontracting components of the works) - 25% (of contract value of work, as the minimum cash to be invested by the bidder during implementation of work)Similar work or eligible projects include works of similar nature and size for each of the last five years. Details such as total monetary value of construction work performed for each of the last five years, and experience in works of similar nature and size for each of the last five years are considered. Additionally, specific details like major items of constructions, equipment proposed, and qualifications of key personnel are also considered. Values like 10 percent of the contract value for access to lines of credit and availability of financial resources, and 10 percent of the estimated value of contract for construction cash-flow are mentioned. A specific percentage of 40 percent of the value of the proposed contract is mentioned for experience in successfully completing or substantially completing at least one contract of highway work within the last five years. Another percentage of 90 percent is mentioned for substantially completed works, which means works that are at least 90% completed as on the date of submission. Average annual turnover of 40 percent of the value of contract applied for over the last five years is also considered.