Panchayat Raj Engineering Department Tender

The required prior work experience for the bidder is that they should have executed civil works during the last five financial years from 2019-20 to 2023-24. The bidder should have satisfactorily completed similar works, such as road works, of value not less than a specified amount in any one year, at the current price level. However, the specific value for similar works is not provided. The cost of completed works of previous years shall be given weightage of 10% per year to bring them to the current price level. The bidder should have executed minimum physical quantities in any one financial year during the last five financial years, but specific values are not provided. The bidder's experience as a sub-contractor will be considered if it is as per GO Ms No.94, I & CAD dt.01.07.2003. The bid capacity computed by the formula should be greater than the Estimated Contract Value (ECV), which is Rs. 27366625.00. The bidder should also possess key/critical equipment and have key technical personnel, and have liquid assets and/or credit facilities of not less than Rs. 68.41 lakhs. The available bid capacity will be calculated as: Available Bid Capacity = 2A - N - B, where A is the maximum value of civil engineering works executed in its name in any one financial year during the last five financial years. However, specific values and percentages for similar works completed are not provided except for the weightage of 10% per year.