Public Works Department Tender

The required prior work experience for the bidder includes work performed as a prime contractor on construction works of a similar nature and volume over the last five years. The bidder should have completed works of a similar nature, but specific percentages of similar works completed are not mentioned. However, 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 for which the bid is invited. The value of similar works completed is mentioned in terms of the total annual volume of civil engineering construction work executed and payments received in the last five years preceding the year in which bids are invited. The bidder should provide a certificate from a Chartered Accountant for this information, and the value should be provided in Rs. In Lacs. The bidder's prior work experience is assessed based on the maximum value of civil engineering works executed in any one year during the last five years, updated to the price level of the last year at a rate of 8 percent per year. The bidder should have achieved a minimum financial turnover of at least the amount equal to the estimated cost of works, excluding maintenance cost, in any one year during the last five years. The bidder should also propose subcontracting the components of the works for construction/up gradation aggregating not more than 25% of the contract price. Additionally, the bidder should have access to line(s) of credit and availability of other financial resources/facilities, which is 10 percent of the contract value, certified by a banker. The bidder must undertake to invest a minimum percentage of the contract price, as defined in the Appendix to ITB, during the implementation of the works. However, the specific percentage is not mentioned in the given information.