Department Of Rural Development And Panchayats Tender

The required prior work experience for the bidder includes having executed civil engineering works, such as earthwork, Granular sub-base/base, RE Walls, and Concrete in bridges. The bidder should have satisfactorily completed, 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 is required to provide certificates from their employer showing details of their share of work, which may include the value and percentage of work completed. However, no specific percentage of similar works completed is mentioned. For works above a certain value, the bidder should have achieved a minimum annual financial turnover of 40% of the estimated cost of work in any one of the last three financial years. The bidder is also required to provide an undertaking that they will be able to invest a minimum cash up to 25% of the contract value of work during implementation and have access to lines of credit and availability of other financial resources facilities (10% of contract value).