National Highways Authority Of India Tender

The required prior work experience for the bidder includes experience in projects with an estimated capital cost exceeding a specified amount. For Categories 1 and 2, the bidder should have experience in projects with an estimated capital cost exceeding the amount specified, while for Categories 3 and 4, the bidder should have experience in construction projects where the amount paid or received exceeds a minimum specified amount. The bidder should provide details of their experience in similar projects, including the name, address, and contact details of the owner/Authority/Agency, and the estimated capital cost of the Eligible Project. The bidder should also provide a certificate from its statutory auditor, which includes details such as the total estimated capital cost of the project, the amount of capital expenditure incurred during the past five financial years, and the eligible annual revenues collected and appropriated by the project company. The value of the amount and percentage of similar works completed may vary depending on the project and the bidder's experience. However, it is mentioned that the bidder should have received or paid a certain amount for construction works, with a specific percentage of the total estimated capital cost. For example, the bidder should have experience in projects with a total estimated capital cost of Rs. …… cr., of which the Bidder/Member/Associate received/paid Rs. ……… cr. The bidder should not have failed to perform or been penalized in any of their previous projects, and should not have any pending investigations against them. The bidder should also disclose any material non-performance in past projects, contractual disputes, and litigation/arbitration in the recent past. Specifically, the bidder should not have paid liquidated damages of more than 5% of the contract value in a contract due to delay or been penalized due to any other reason in relation to execution of a contract, in the last three years. For a project to qualify as an Eligible Project under Categories 1 and 2, the entity claiming experience should have held a minimum of 26% equity during the entire year for which Eligible Experience is being claimed. The capital cost of the project should be more than Rs. 89.34 Crore. In terms of value, payments or receipts of less than Rs. 89.34 Crore are not reckoned as payments or receipts for Eligible Projects. Each member of the Consortium shall have a minimum Net Worth of 7.5% of the Estimated Project Cost in the immediately preceding financial year. The Experience Score for an Eligible Project in a given category is calculated by dividing the eligible payments and/or receipts by one crore and then multiplying by an applicable factor, which are: Category 1 - 1.45, Category 2 - 1.0, Category 3 - 1.0, and Category 4 - 0.70. The Experience Score is further adjusted if the Eligible Project is situated in a developed country that is a member of OECD, with a factor of 0.5 applied. The bidder's Experience Score is computed as a weighted average of the Experience Score of each member and their proposed equity stake in the Consortium, with a minimum share of 26% required for consideration. The total payments received/made and/or revenues appropriated for each Eligible Project should be stated, and the figures should indicate the break-up for the past 5 financial years. However, specific percentages of similar works completed are not mentioned, but the bidder needs to provide details of their experience in similar projects, and the value of such projects should be more than Rs. 89.34 Crore.