Department Of Rural Development And Panchayats Tender

The required prior work experience for the bidder includes experience as a Prime Contractor, in a Joint Venture, and as a Sub-Contractor, although specific details are not mentioned. The bidder should have completed similar works, but the minimum value of one, two, or three similar works is not specified. However, the bidder should have satisfactorily completed, in the last five years, as a prime contractor, one similar work of value not less than 80% of the estimated cost of work, or two similar works each of value not less than 50% of the estimated cost of work, or three similar works each of value not less than 40% of the estimated cost of work. The bidder should also have experience of having successfully completed similar works during the last 5 years, with options including three similar completed works each costing not less than 40% of the estimated price, two similar completed works each costing not less than 50% of the estimated price, or one similar completed work costing not less than 80% of the estimated price. The value of work may be enhanced at a simple rate of 8% per annum. The bidder's available bid capacity is calculated based on the maximum value of civil engineering works executed in any one year during the last five years. The bidder should have a minimum annual financial turnover equal to 40% of the estimated cost of work in any one of the last three financial years for works above Rs 5.00 Crore.