Gorakhpur Industrial Development Authority Tender

The bidder is required to have prior work experience in civil engineering constructions, specifically in works of a similar nature, with executed and received payments for a certain volume of work in the last five years preceding the year in which bids are invited. As a prime contractor, the bidder should have experience in construction works of a similar nature and volume over the last five years. However, the exact percentage of similar works completed is not mentioned. The bidder should have completed similar works of a similar nature and volume over the last five years, with a minimum of one work equal in value to one-third of the estimated cost of the work for which the bid is invited. The bidder's total annual volume of civil engineering constructions work executed and payments received in the last five years should be attached with a certificate from a Chartered Accountant. The value should be mentioned in Rs. In Lacs. The bidder should have achieved a minimum financial turnover of at least the amount equal to the estimated cost of works (excluding maintenance cost for five years) in any one year during the last five years. The turnover will be indexed at the rate of 8 percent for a year. A specific percentage mentioned is "Ten" as the minimum amount of liquid assets and/or credit facilities net of other contractual commitments of the successful bidder, which shall be 10% of the contract value, and "One Third of the estimated cost of works" as the minimum value of similar work completed. The bidder should demonstrate experience and resources sufficient to meet the aggregate of the qualifying criteria for individual contracts. The bidder should provide information on work performed as a prime contractor, including project name, name of employer, description of work, value of contract, contract number, date of issue of work order, stipulated date of completion, actual date of completion, and remarks explaining reasons for delay, if any. The bidder should also provide information on their existing commitments and ongoing construction works, including the value of contracts, stipulated period of completion, and value of works remaining to be completed. The bidder's available bid capacity for construction work should be equal to or more than the total bid value, calculated as: Assessed Available Bid capacity = (A*N*M - B), where A is the maximum value of civil engineering works executed in any one year during the last five years, N is the number of years prescribed for completion of the works, M is 2.5, and B is the value of existing commitments and on-going works to be completed during the period of completion of the works. The bidder should have satisfactorily completed, as a prime contractor, at least one similar work equal in value to one-third of the estimated cost of work (excluding maintenance cost for five years) for which the bid is invited. The bidder should have experience as per Biding document T-2, and achieved minimum financial turnover as per Biding document T-2. The technical personnel required for the project have specific experience requirements. The value of similar works completed is required to be mentioned, and the bidder should attach certificates from the Engineer-In-Charge and a chartered accountant to support their claims.