Public Works Department Tender

The required prior work experience for the bidder includes: - Total annual volume of civil engineering constructions work executed and payments received in the last five years preceding the year in which bids are invited. - Work performed as prime contractor on construction works of a similar nature and volume over the last five years. - Existing commitments and on-going constructions works. - Works for which bids already submitted. The bidder should have experience in similar work, but specific values and percentages are not mentioned. However, the bidder is required to have satisfactorily completed, as a prime contractor, at least one similar work equal in value to one-third of the estimated cost of work. The bidder should have a minimum financial turnover of at least the amount equal to the estimated cost of works, and should have completed a certain quantity of work in the last five years, including earthworks, granular sub-base and base, and plant mix paver laid bituminous work. The bidder should invest a minimum of 10% of the value of the work, and should have liquid assets and/or credit facilities net of other contractual commitments, which should be 10% of the contract value. No specific percentage of similar works completed is mentioned, but the value of similar work completed should be at least one-third of the estimated cost of the work. The bidder's available bid capacity for construction work should be equal to or more than the total bid value, calculated based on the maximum value of civil engineering works executed in any one year during the last five years. The assessed available bid capacity is calculated as (A*N*M - B), where A is the maximum value of civil engineering works executed, 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.