Border Roads Organisation Tender

The required prior work experience for the bidder involves completing similar works, defined as "Handling and Conveyance of Cement or other Stores", within the last seven and current financial years. The bidder should have successfully completed or substantially completed (90% completed on the date of submission) three similar works costing not less than 40% of the estimated cost of work, or two similar works costing not less than 50% of the estimated cost of work, or one similar work costing not less than 80% of the estimated cost of work. To calculate the Available Bid Capacity (ABC), the bidder needs to provide details of the maximum value of all civil engineering works executed in any one year during the last 5 financial years, updated at the current price level with a 10% escalation per annum. The specific requirements for prior work experience include providing a list of works completed or substantially completed, a certificate of cost of completion of work of similar nature issued by the client, and details on the cost of completed work and accepted contract amount. The bidder should also provide information on ongoing works in a specified format. The values and percentages of similar works completed mentioned are: - 40% of the estimated cost of work for three similar works - 50% of the estimated cost of work for two similar works - 80% of the estimated cost of work for one similar work - 90% completion for substantially completed works - 10% escalation per annum for updating the cost of works to the current price level.