Punjab Water Supply And Sewerage Board Tender

The required prior work experience for the bidder includes providing information on their prior work experience, including details of contracts they have completed, such as the name of the contract, location of works, type of works, and country. They must also provide information on their role in the contract, such as prime contractor, partner in a joint venture, or sub-contractor. The bidder should have completed works with a value that allows them to have an Assessed Available Bid Capacity more than the estimated value of the project/work. The calculation for Assessed Available Bid Capacity is given as: Assessed Available Bid Capacity = (A* N* 2 - B) Where A = Maximum value of Civil Engineering works executed in any one year during the last five years, N = Number of years prescribed for completion of the Project/Works, B = Value of existing commitments and on-going works to be completed during the period of completion of the Project/Works. For works above Rs 5.00 Crore, the bidder should submit a list of similar works completed during previous years, duly supported with performance certificates from the authority for whom the work has been completed. The information should include the name of the work, estimated cost, date of start, and date of completion. The bidder should have experience in works of a certain value, but the exact amount is not specified for all cases. However, for works from Rs. 0.50 lakh to Rs 5.00 Crore, and for works above Rs 5.00 Crore, the bidder should have a certain level of experience. The required prior work experience for the bidder includes: - For works from Rs. 0.50 lakh to Rs 5.00 Crore: Valid enlistment with Punjab Water Supply & Sewerage Board under appropriate Class (more than estimated cost of work) and Category of work. - For works above Rs 5.00 Crore: Achieved a minimum annual financial turnover (in all classes of civil engineering construction works only) equal to 40% of the estimated cost of work in any one of the last three financial years immediately preceding the Financial Year in which bids are invited. 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. Values like amount and percentage are mentioned in the context of calculating the Assessed Available Bid Capacity, such as the value of existing commitments and on-going works (B), and the percentage of participation and sub-contracted amount in current contract commitments. The bidder should also submit an undertaking that they will be able to invest a minimum cash of up to 25% of the contract value of the work during implementation, and have access to lines of credit and other financial resources facilities, certified by bankers, which should be at least 10% of the contract value.