Works Department Tender

The required prior work experience for the bidder is not explicitly stated in terms of specific years or amount of experience. However, it is mentioned that the bidder should have experience in construction of Road works. The bidder should 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 excluding the current financial year. Additionally, the bidder should have a total financial turn over in respect of Civil Engineering works of an amount not less than the amount put to tender during any 3 (three) financial years taken together of the last preceding five financial years (excluding the current financial year). It is also mentioned that if the rate quoted by the bidder is less than 15% of the tendered amount, the bid may be rejected or finalized through a transparent lottery system. However, no specific percentage of similar works completed is mentioned, except that the bidder's rate should not be less than 15% of the tendered amount, and if more than one bid is quoted at 14.99% or less, a lottery system will be used. The bidder is required to secure 80% marks in aggregate to qualify. The bidder's available bid capacity is calculated based on the maximum value of works executed in any one year during the last 5 years, updated to the current price level, and the value of existing commitments and ongoing works to be completed during the stipulated time period. The values mentioned for annual turnover are: - Year 1: FY 2019-20: 1.61 - Year 2: FY 2020-21: 1.46 - Year 3: FY 2021-22: 1.33 - Year 4: FY 2022-23: 1.21 - Year 5: FY 2023-24: 1.10 The escalation factor is mentioned as 10 percent per year. The Earnest Money Deposit (EMD) shall be @ 1% of the tendered amount.