Department Of Rural Development And Panchayats Tender

The required prior work experience for the bidder includes experience as a Prime Contractor, Joint Venture, or Sub-Contractor, with major responsibility in their own country and other countries. The bidder should provide details of their experience in similar works, including the value of the total contract, date of award, date of completion, and contract duration. For works above a certain value (Rs 5.00 Crore), the bidder should have satisfactorily completed in the last five years, 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 provide a list of similar works completed during previous years, duly supported by performance certificates from the authority for whom the work has been completed. The values of works can be updated to current price levels at a simple rate of 8% per annum. Additionally, the bidder should have a minimum turnover amount, although the exact amount is not specified. The bidder should also have minimum liquid assets and/or availability of credit facilities, but this amount is also not specified. Sub-contractors are allowed to participate up to 10 percent of the value of the whole works. The bidder should also provide information on their current contract commitments and works in progress, including percentage and amount of participation of the firm in the project, percentage and amount sub-contracted by the firm, contract value, and value of outstanding work.