Punjab Mandi Board Tender

The required prior work experience for the bidder includes having a minimum turnover amount, completing similar works, and having a certain amount of liquid assets and/or credit facilities. The bidder should have completed at least one similar work with a minimum value of not less than 80% of the estimated cost of work, or two similar works (each) with a minimum value of not less than 50% of the estimated cost of work, or three similar works (each) with a minimum value of not less than 40% of the estimated cost of work. For works above Rs. 5.00 Crores, 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 value of work may be enhanced at a simple rate of 8% per annum. 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 provide details of their experience in similar works, including the value and percentage of similar works completed. Specific values and percentages of similar works completed are: - one similar work: not less than 80% of the estimated cost of work - two similar works (each): not less than 50% of the estimated cost of work - three similar works (each): not less than 40% of the estimated cost of work The bidder's prior work experience is assessed through the calculation of their Available Bid Capacity, which should be more than the estimated value of the project/work. The bidder should have a maximum value of Civil Engineering works executed in any one year during the last five years that allows them to meet the qualifying criteria. The value of existing commitments and ongoing works is also considered in the calculation of the Available Bid Capacity. The bidder should submit a statement showing the value of existing commitments and ongoing works, along with certificates signed by the Engineer-in-Charge, not below the rank of an Executive Engineer or equivalent. The required prior work experience for personnel includes: - Project/Work Manager: BE (Civil) with at least 2 years experience - Site Engineer: BE (Civil) or Diploma (Civil) with at least 2 years experience - Plant Engineer: Dip. (Mech.) with at least 2 years experience - Quality Control Engineer: B.E. (Civil) or Dip. (Civil) with at least 2 years experience - Survey Engineer: ITI qualified Surveyor For works up to Rs. 5.00 Crores, the bidder must have a valid enlistment with the Punjab Mandi Board under the appropriate class and category of work. The bidder must also provide information on the estimated cost, date of start, and date of completion of the similar works. The bidder must have a minimum of 2 years of experience in key site management and technical personnel proposed for the contract. The bidder must also undertake to invest a minimum cash of up to 25% of the contract value of work during implementation of the work. The bidder's key personnel must have minimum qualifications and experience. The Available Bid Capacity is calculated as (A * N * 2 - B), where A is the maximum value of Civil Engineering works executed in any one year during the last five years, updated to the current price level. The value of A should be such that the bidder's Available Bid Capacity is more than the estimated value of the project/work. The bidder should have completed works similar to the project, with a value that allows them to meet the qualifying criteria. No specific amount is mentioned for the minimum turnover, minimum liquid assets, and/or availability of credit facilities. The bid validity period and the Bid Security (Earnest Money) amount are also not specified.