Pradhan Mantri Gram Sadak Yojana Tender

The required prior work experience for the bidder is not explicitly mentioned in terms of years. However, the bidder needs to provide information on the works for which bids have been finalized in their favor and works that are yet to be completed as on the date of the bid. The bidder must have completed works of similar type and magnitude. The value of similar works completed can be calculated using the Assessed Available Bid Capacity formula: (A*N*2-B), where A is the maximum value of Civil Engineering works executed in any one year during the last five years, updated to the current price level with a 10 percent per year escalation factor, B is the value of current price level of existing commitments, and N is the number of years prescribed for completion of the works. The bidder needs to secure 80% marks in aggregate for the specified machinery and equipment to qualify. Specific percentages of similar works completed or exact amounts of prior work experience are not mentioned. The bidder is required to submit details of the value of contracts, stipulated periods of completion, values of work already executed, and values of works remaining to be completed.