Irrigation Department Tender

The required prior work experience for the bidder includes having successfully completed similar nature of civil works during the last 7 years. The requirements for similar work experience are as follows: - Three similar completed works costing not less than 40% of the estimated cost. - Two similar completed works costing not less than 50% of the estimated cost. - One similar completed work costing not less than 80% of the estimated cost. The experience will be updated by giving 8% simple weightage per year to bring them to the current financial year price level. Additionally, the bidder should have an average annual financial turnover during the last 3 years of at least 30% of the cost of work, which is Rs. 89.20 Lakh. The bidder also needs to demonstrate financial soundness through audited financial statements for the last 3 financial years. For works costing more than 100.00 Lakh and less than 500.00 Lakh, the bidder needs to provide details of personnel, including a Work Manager, an Engineer Graduate, and personnel for administration and management. The bidder needs to provide information on ongoing works, including the name of the work, agreement number and year, place and country, tendered cost, cost of work remaining to be executed, and anticipated date of completion. A certificate of value of actual work done, issued by not below the rank of Executive Engineer, is also required for ongoing works. The "Bid Capacity" is calculated using the formula (2AN-B), where A is the Maximum Value of Civil Engineering works executed in any one year during the last Five years, updated by giving 8% simple weightage per year, and B is the value of existing commitments. The bidder's "Assessed available Bid capacity" should be greater than the Estimated Value of the work. The cost of the work is Rs. 297.34 Lakh, and the average annual financial turnover should be at least 30% of this amount, which is Rs. 89.20 Lakh. The percentages of similar works completed are 40%, 50%, and 80% of the estimated cost.