Panchayat Raj Engineering Department Tender

The required prior work experience for the bidder includes executing civil engineering works with a maximum value of works executed in any one financial year during the last five financial years, updated to the current price level. The bidder should have executed similar works, specifically Road works, of value not less than Rs.0.00 Lakhs in any one financial year during the last five financial years. 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's annual turnover, cost of completed works, and balance works on hand shall also be updated by giving weightage of 10% per year to bring them to the current price level. However, the specific percentage of similar works completed is not mentioned. The bidder needs to provide details of the value of civil engineering works executed in each year during the last five financial years. The value of civil engineering works executed is updated to the current price level by giving a weightage of 10% per year. The maximum value of civil engineering works executed in any one financial year during the last five financial years is considered for calculation. For tenders that are less by more than 15% of the estimated contract value, the difference between the tendered amount and 85% of the estimated contract value shall be paid by the successful bidder as an additional security. The bidder should have liquid assets and/or credit facilities of not less than Rs.102.21 Lakhs. The available bid capacity will be calculated based on the maximum value of civil engineering works executed in its name in any one financial year during the last five financial years, updated to the current price level, and the number of years prescribed for completion of the work. The estimated contract value of the work is Rs.520.00 Lakhs, and bidders quoting above this value shall be summarily rejected in the first call. In case of non-responsive bids in the first call, tenders up to 5% excess over the estimated contract value will be considered in subsequent calls.