Hyderabad Metropolitan Development Authority Tender

The bidder's prior work experience is calculated based on the maximum value of civil engineering works executed in its name in any one financial year during the last five or ten financial years, updated to the current price level. For qualification, the bidder should have satisfactorily completed as Prime Contractor similar works of cost not less than Rs.6.95 crores in any one financial year during the last 10 financial years. Alternatively, the bidder should have an annual turnover of any one year of the last 10 years, attested by a Chartered Accountant. No specific percentage of similar works completed is mentioned. However, the bidder is required to provide details of similar works completed, including certificates issued by the Executive Engineer concerned and countersigned by the Superintending Engineer. The available bid capacity is calculated as 2AN - B, where A is the maximum value of civil engineering works executed, N is the number of years prescribed for completion of the work, and B is the value of existing commitments and ongoing works. The bidder's prior work experience should be more than the estimated contract value to qualify for the opening of the price bid, but no specific percentage is mentioned. Liquidated damages for the whole of the work can be up to 10% of the final contract price. The bidder should also have liquid assets and/or credit facilities of not less than Rs. 3.50 Crs.