Rural Development And Panchayat Raj Department Tender

The required prior work experience for the bidder includes completion of similar bridgeworks with a value of more than Rs.326.20 lakhs. The bidder should have completed satisfactorily at least one "bridge" work of similar nature with a value not less than 50% of the value put to tender under a single agreement in any one of the preceding three years. The value of the work completed should be at least 50% of the value of the work put to tender, which is Rs.326.20 lakhs, implying that the similar work should be of a value of at least Rs.163.10 lakhs (50% of Rs.326.20 lakhs). Additionally, the bidder should have a minimum annual financial turnover of more than 50% of the estimated value, and a minimum cumulative financial turnover of 150% of the estimated value in the last three years. The specific values mentioned are: - Single work: 50% - Minimum financial turnover in any one of the preceding three years: 50% (with a value of Rs.326.20 lakhs) - Minimum cumulative financial turnover in last three years: 150% (with a value of Rs.978.60 lakhs). The bidder should also have been in the Civil Engineering Construction field for at least the past five years and completed major bridgeworks and other civil works in the past five years. The value of the work put to tender can be calculated as Rs.6,53,00,000/-, and the bidder should have completed similar works costing at least 50% of this value, which is Rs.3,26,50,000/-, in a single contract within the last three years period.