Eligibility of Tenderer
1) For ITT Clause 13.1(a), the required General Experience shall be 05 (Five) years.
2) For ITT Clause 13.1(b), the Minimum Specific Experience shall be at least one similar work order amounting to BDT 900.00 (Nine hundred) lakh under a single contract within the last 05 (five) years.
3) For ITT Clause 14.1(b), the Average Annual Construction Turnover shall be BDT 1200.00 (Twelve hundred) lakh per year during the last 05 (five) years, totaling BDT (1200.00×5=6000.00 lakh).
4) For ITT Clause 14.1(c), the Minimum Liquid Asset shall be fixed at BDT 300.00 (Three hundred) lakh, and it must be submitted in accordance with the e-PW3-8 format.
5) For ITT Clause 14.1(d), the Minimum Tender Capacity shall be fixed at BDT 1210.00 (Twelve hundred ten) lakh
6) According to ITT Clause 31.1(i), the Audit Report for the last 01 (one) year from the date of IFT must be uploaded
7) The rates quoted by the tenderer shall remain fixed for the entire duration of the contract till the contracted work is completed through the contract period. Any price adjustment, escalation, or additional financial claim shall never be entertained/allowed under any circumstances until the completion of the works.
8) Payment of bills shall be made subject to the availability of funds. However, the contractor shall complete all works within the stipulated time specified in the contract
9) All payments shall be made according to the rates quoted/submitted by the winner tenderer. Any claim, request, of demand for additional payment due to price escalation, extension of time, market fluctuation, or any other reason shall never be entertained for the interest of the government, as the budget for this work is fixed in the DPP. By participating in this tender, all the tenderers shall be deemed to have unconditionally accepted the above tumand conditions.
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