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, with specific details on similar works completed in their own country and other countries. The bidder should have satisfactorily completed in the last five years, as a prime Contractor (or as a nominated sub-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 value of similar works can be updated to current price levels by enhancing the value of executed works at a simple rate of 8% per annum. The bidder should provide a list of similar works completed during previous years, duly supported by performance certificates from the authority for whom the work was completed, including details such as name of work, estimated cost, date of start, and date of completion. The percentage of participation of the firm in the project/work is required, as well as the percentage and amount subcontracted by the firm. The bidder should have an annual turnover, with details of the amount billed to clients for each year for work in progress or completed. The bidder should also be able to invest a minimum cash up to 25% of the contract value of work during implementation of the work. Specific values and percentages mentioned include: - One similar work of value not less than 80% of the estimated cost of work - Two similar works each of value not less than 50% of the estimated cost of work - Three similar works each of value not less than 40% of the estimated cost of work - 25% of the contract value of work for investment during implementation - 8% per annum for updating the value of executed works to current price levels - Rs 5.00 Crore for works that require a list of similar works completed with details.