Rural Development Department Tender

The required prior work experience for the bidder is to have executed similar nature of work worth 75% of the estimated cost put to tender during any three financial years taken together of the last preceding five years. The bidder should have experience of similar works completed, with a value calculated based on the maximum value of works executed in any one year during the last five years, updated to the current price level. The value of similar works completed is considered in the calculation of the available bid capacity, with the maximum value of works executed in any one year during the last five years being a key factor. The bidder should have completed works with a value that allows them to demonstrate their capacity to complete the works for which they are bidding, with the available bid capacity being more than the total estimated cost of the works. The total financial turn over in respect of Civil Engineering works should be an amount not less than the amount put to tender during any three financial years taken together of the last preceding five years. The bidder needs to furnish information on work performed as a prime contractor, including project name, employer, description of work, value of contract, and year-wise value of work done. A specific percentage of similar works completed is mentioned as 75% of the estimated cost put to tender. However, the exact amount of similar works completed is not explicitly stated, but the bidder is required to provide information on the value of civil engineering works executed during the last 5 years, with updated values considering the escalation factor, ranging from Rs. 1.10 lakhs to Rs. 1.61 lakhs. Additionally, if the rate quoted by the bidder is less than 15% of the tendered amount, then such a bid shall be rejected. If the rate quoted is 14.99% less than the estimated cost, the tender shall be finalized through a transparent lottery system.