Punjab Mandi Board Tender

The required prior work experience for the bidder includes experience in completing similar works. For works above Rs. 5.00 Crores, the bidder should have satisfactorily completed 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 achieved a minimum annual financial turnover of 40% of the estimated cost of work in any one of the last three financial years. Additionally, the bidder needs to submit an undertaking that they will be able to invest a minimum cash up to 25% of the contract value of work during implementation. The bidder's experience will be evaluated based on their ability to complete similar works, and they need to provide testimonials or certificates from their previous employers to support their claim. The bidder should have completed works with a specified amount, and they need to provide details about the contract duration, specified requirements, and any penalties or fines imposed during the contract. The bidder's prior work experience is assessed based on the maximum value of Civil Engineering works executed in any one year during the last five years. The bidder should have a certain amount of annual turnover from construction works, but the exact amount is not consistently mentioned throughout the text. However, they need to provide certified copies of annual reports or certificates to support their claim, with the figures in the relevant currency and the equivalent amount in INR calculated as per the SBI Foreign Currency selling rates prevalent on a certain date. The bidder needs to provide information about their equipment availability, personnel, and financial capacity to complete the contract. The bidder should have a certain percentage of similar works completed, but the exact percentage is not consistently mentioned. The bidder needs to provide an undertaking that they have not been blacklisted by any government or semi-government organization and that they have the necessary equipment, personnel, and financial capacity to complete the contract. The bidder's available bid capacity should be more than a certain amount, calculated as per a specific clause. The bidder needs to provide information about their current commitments on all contracts, including the contract value, percentage of work completed, and outstanding amount. The total value of expected work to be carried out during the completion period of the project is also considered. The values mentioned include 80% of the estimated cost of work, 50% of the estimated cost of work, 40% of the estimated cost of work, 25% of the contract value of work, and 40% of the estimated cost of work for annual financial turnover.