Panchayat Raj Engineering Department Tender

The bidder is required to have prior work experience in civil engineering works, specifically road works, as a prime contractor. The bidder should have satisfactorily completed similar works during the last five financial years from 2020-21 to 2024-25. However, specific details on the value and percentage of similar works completed are not mentioned, except that the cost of completed works of previous years shall be given a weightage of 10% per year to bring them to the current price level. The bidder should have executed civil works during the last five financial years and should have satisfactorily completed similar works, i.e., road works, in any one year, at the current price level. The bidder's experience as a sub-contractor or GPA holder will not be taken into account. The available information on values includes the estimated contract value for the work, which is Rs.955.00 lakhs, and the bidder's tender price, which is Rs.6,68,07,680.00. For tenders that are less by more than 15% of the estimated Contract Value of work, the difference between the tendered amount and 85% of the estimated contract value shall be paid as an additional security. The liquid assets and/or credit facilities of the bidder should be not less than Rs.111.35 Lakhs.