Punjab Mandi Board Tender

The required prior work experience for the bidder includes: - 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 - Minimum annual financial turnover equal to 40% of the estimated cost of work in any one of the last three financial years. For works above Rs. 5.00 Crores, the bidder should have achieved a minimum annual financial turnover equal to 40% of the estimated cost of work in any one of the last three financial years. The bidder should also have experience in specific roles, including: - For Project/Work Manager: BE (Civil) with at least 2 years of experience. - For Site Engineer: BE (Civil) & BE (Elect.) or Diploma (Civil / Elect.) with at least 2 years of experience. - For Quality Control Engineer: B.E. (Civil) or Dip. (Civil) with at least 2 years of experience. - For Survey Engineer: ITI qualified Surveyor. Additionally, the bidder needs to provide details of contracts of similar nature and complexity, including the value and percentage of similar works completed, but specific values and percentages are not always mentioned. The bidder is required to submit a list of similar works completed during previous years, duly supported with performance certificates from the authority for whom the work was completed, which includes the name of the work, estimated cost, date of start, and date of completion. The bidder's prior work experience is assessed through the calculation of their bid capacity, which is calculated as Assessed Available Bid Capacity = (A* N* 2 - B), where A is the maximum value of Civil Engineering works executed in any one year during the last five years, N is the number of years prescribed for completion of the Project/Works, and B is the value of existing commitments and on-going works. The bidder needs to fill out FORMAT (2-4): PARTICULAR CONSTRUCTION EXPERIENCE RECORD, which likely includes information on similar works completed. The bidder is also required to provide information on their current contract commitments, including the value of the contract, percentage of completion, and estimated amount of work outstanding, in FORMAT (2-7): SUMMARY SHEET. The required prior work experience for the bidder includes: * Number of years of experience as a Prime Contractor, with specifications for experience in the bidder's own country and other countries. * Number of years of experience in a Joint Venture, with specifications for experience in the bidder's own country and other countries. * Number of years of experience as a Sub-Contractor, with specifications for experience in the bidder's own country and other countries. The bidder is also required to invest a minimum of 25% of the contract value during the implementation of the work and have access to lines of credit and other financial resources facilities, certified by the bankers, which is 10% of the contract value.