View IFT /PQ / REOI / RFP / PPS Notice Details
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Amendment / Corrigendum No. : 1
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| Amendment / Corrigendum Text : | BOQ |
| Field Name | Old Value | New Value |
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| Eligibility of Consultant | As per TDS |
As per TDS |
| TDS/PDS--C. Qualification Criteria-- | The minimum number of years of general experience of the Tenderer in the construction works as Prime Contractor or Subcontractor or Management Contractor shall be [state number] years.
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The minimum number of years of general experience of the Tenderer in the construction works as Prime Contractor or Subcontractor or Management Contractor shall be 5 years.
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| TDS/PDS--C. Qualification Criteria-- | The minimum specific experience as a Prime Contractor or Subcontractor or Management Contractor in construction works under public sector of at least [state number] contract(s) of [state the nature, complexity and methods/construction technology] successfully completed within the last [state number] years, each with a value of at least Tk. [state amount]. [The minimum ‘number’, ‘years’ and ‘value’ stated above will depend upon the market situation, complexity, value and nature of procurement., size and type of construction work. The Procuring Entity should make its own judgement based upon its experience in the sector and construction industry. For example, it could be one (1) contract of similar nature having contract price between 50% and 80% of the official cost estimate of the current tender, during the last three (3) years or five (5) years or ten (10) years or twenty(20) years considering any specific procurement requirements (whichever appropriate but it shall be mutually exclusive from the requirement of ITT 13.1(a)); years counting backward from the date of publication of IFT in the newspaper] [for Tenders where the package contains more than one (1) lot, this qualification requirements, only when applicable, shall be mentioned separately for each lot in the package] |
The minimum specific experience as a Prime Contractor or Subcontractor or Management Contractor in construction works under public sector of at least 1 contract(s) of framework successfully completed within the last 5years, each with a value of at least Tk.2400000 ( Twenty four lac) [The minimum ‘number’, ‘years’ and ‘value’ stated above will depend upon the market situation, complexity, value and nature of procurement., size and type of construction work. The Procuring Entity should make its own judgement based upon its experience in the sector and construction industry. For example, it could be one (1) contract of similar nature having contract price between 50% and 80% of the official cost estimate of the current tender, during the last three (3) years or five (5) years or ten (10) years or twenty(20) years considering any specific procurement requirements (whichever appropriate but it shall be mutually exclusive from the requirement of ITT 13.1(a)); years counting backward from the date of publication of IFT in the newspaper] [for Tenders where the package contains more than one (1) lot, this qualification requirements, only when applicable, shall be mentioned separately for each lot in the package] |
| TDS/PDS--C. Qualification Criteria-- | The required average annual construction turnover under public sector shall be greater than Tk [insert amount] over the last [state number] financial years or best [state number] years in the last [state number] financial years.
Example:
Estimated Contract Price: Tk 4 Cr. [for Tenders where the package contains more than one (1) lot, this qualification requirements shall be mentioned separately for each lot in the package]
[The formula for setting the AACT is as follows: |
The required average annual construction turnover under public sector shall be greater than Tk 4000000 (Forty lac) over the last5 financial years
Example:
Estimated Contract Price: Tk 4 Cr. [for Tenders where the package contains more than one (1) lot, this qualification requirements shall be mentioned separately for each lot in the package]
[The formula for setting the AACT is as follows: |
| TDS/PDS--C. Qualification Criteria-- | The minimum amount of financial resources as liquid asset or working capital or credit line(s) or specific credit commitment or in any combination of them, of the Tenderers shall be Tk [state amount]
[usually the required liquid asset is the equivalent of 2-6 months payment flow at the average construction rate (straight line distribution), accessible or available after considering the financial requirements of existing commitments. The actual period will depend on the speed with which the Procuring Entity will pay the Contractor’s monthly certificate, allowing time to prepare an invoice, for the Project Manager’s time to certify it, and at least one-month contingency for preparing the cheque a making actual payment.
Example:
Contract Price: Tk 4 Cr. Contract period: 12 months Assuming work time: 1 month Invoice period: 0.25 month Certification Time: 0.25 month Contingency Time: 0.5 month
Therefore, the minimum required liquid asset will be Tk 0.66 Cr., i.e. 2 months cash flow based on the above assumptions.]
[for Tenders where the package contains more than one (1) lot, this qualification requirements shall be mentioned separately for each lot in the package]
[The formula for setting the LA is as follows: LA = T/N xE, where E=Official Cost Estimate, T = Average Time interval in months for paying interim bill, usually 2-3 and N= Duration of Construction in months).] |
The minimum amount of financial resources as liquid asset or working capital or credit line(s) or specific credit commitment or in any combination of them, of the Tenderers shall be Tk 1000000 (Ten lac)
[usually the required liquid asset is the equivalent of 2-6 months payment flow at the average construction rate (straight line distribution), accessible or available after considering the financial requirements of existing commitments. The actual period will depend on the speed with which the Procuring Entity will pay the Contractor’s monthly certificate, allowing time to prepare an invoice, for the Project Manager’s time to certify it, and at least one-month contingency for preparing the cheque a making actual payment.
Example:
Contract Price: Tk 4 Cr. Contract period: 12 months Assuming work time: 1 month Invoice period: 0.25 month Certification Time: 0.25 month Contingency Time: 0.5 month
Therefore, the minimum required liquid asset will be Tk 0.66 Cr., i.e. 2 months cash flow based on the above assumptions.]
[for Tenders where the package contains more than one (1) lot, this qualification requirements shall be mentioned separately for each lot in the package]
[The formula for setting the LA is as follows: LA = T/N xE, where E=Official Cost Estimate, T = Average Time interval in months for paying interim bill, usually 2-3 and N= Duration of Construction in months).] |
| Brief Description of Goods,Works or Service | SE3/zone5/2025-26/W-12 Development of Pahartoli CDA market road at 9 no ward |
SE3/zone5/2025-26/W-12 Development of Pahartoli CDA market road at 9 no ward |