Irrigation Department Tender

The required prior work experience for the bidder includes having a minimum number of contracts and a minimum value of a single contract. For one contract, this means N contracts, each of minimum value V. For multiple contracts, the minimum requirements are aggregated for each contract applied for, with specific requirements such as N1 contracts of minimum value V1, N2 contracts of minimum value V2, and so on. The bidder must also have general construction experience as a prime contractor for at least 5 years and specific construction experience with at least one contract of similar size and nature. This similar contract should have a value of at least 25% of the estimated cost of the work. In terms of value and percentage of similar works completed, the bidder should have completed a contract with a value of at least 25% of the estimated cost of the work. The percentage mentioned is 25% of the estimated cost of the work. Additionally, the bidder's annual average construction turnover should be at least 50% of the cost of the work divided by the time period for completion in years. The bidder should also demonstrate access to liquid assets, lines of credit, or other financial resources, with specific requirements including 50% and 25% of the requirement for joint venture partners. The bid amount is also indexed at a rate of 10% per year.