The Procuring Entity is
[Name, address]
 

The Procuring Entity isThe Executive Engineer
LGED,Panchagarh
Phone No:0568-61249,Fax No-0568-61849
E-mail:xen.panchagarh@lged.gov.bd

The Works consist of
[state brief summary]
 

The Works consist of Road Maintenance work

The Project Manager is
[Name, address]
 

The Project Manager is Upazila Engineer

LGED, Debiganj. Panchagar.

The Site is located at [location] and is defined in drawings No:
[insert numbers]
 

The Site is located at Debiganj Upazila, Panchagarh.

Other documents forming part of the Contract are;

[list other documents viz. Site Investigation Reports, relevant correspondences prior to signing of the Contract agreement etc.]
 

Other documents forming part of the Contract are;

-Site Investigation Reports, relevant correspondences prior to signing of the Contract agreement etc

-Under any circumstances Subcontractoring is not allowed, regarding this a written testimony must be submitted during signing the concract and it will be intigral part of contract

Possession of the Site to the Contractor shall be given on the following date;

[state date of possession of site]
 

Possession of the Site to the Contractor shall be given on the following date; Within 7 (Seven) days Signing of Contract Aggrement

The Start Date shall be [insert date ]
[it is the last date when the Contractor shall commence execution of the Works under the Contract]
 

The Start Date shall be ; Within 7 (Seven) days Signing of Contract Aggrement

The Intended Completion Date for the whole of the Works shall be [insert date]
[to be calculated from the start Date]
 

The Intended Completion Date for the whole of the Works shall be 60 days Signing of Contract Aggrement

The Contractor shall submit a Programme for the Works within [insert days] days of signing the Contract.
[usually ten (10) days or may be less]
 

The Contractor shall submit a Programme for the Works within 07 days of signing the Contract.

The Defects Liability Period is [state months]
[usually Defect Liability Period is twelve (12) months to cover at least one complete monsoon season].
 

The Defects Liability Period is 12 months
 

The following additional events shall also be the Compensation Events:
[list events or state none ]
 

The following additional events shall also be the Compensation Events: The following additional events shall also be the Compensation Events:
If the contract is terminated following the fundamental breach of contract by the contractor

To quqlify such Compensation the steps mention below shall apply :

(i) A Compensation Assessment Committee comprising of 03 (Three) members shall be formed by the Procurement Entity/Project Manager to assess the Compensation to complete the remaining works as per latest LGED rate schedule.

This Assessed Compensation would be the Estimated Cost of Uncompleted Contract Quantity as per latest LGED rate schedule less the Quated amount of the same by the Terminated Contractor representing in persent (%) w.r.t. Uncompleted s Performance Security, Retention Momey, Tender Security ,Contract Amount of the Terminated Contract but in no case it shall be less than minimum 10 (Ten) % of the Uncompleted Contract Amount

(ii) The Assessed Compensation as recommended by the Compensation Assessment Committee shall be recoverable as instructed in GCC Clause 47.

(iii) In case of failure to realize such Compensation by the Contractor, the Procuring Entity /Project Manager shall take necessary measure to recover the same from any dues remained in his office (Such as Perfromance Security, Retation Money, Tender Security, Pending Bill of other contract etc.) Furthermore if the total amount due to the procuring Entity still exceeds any payment due to the contractor, the difference shall be a debt payable to the Procuring Entity.

(iv) The Procuring Entity /Project Manager shall however proceed to complete the remaining work engaging new contractor

The proportion of payments to be retained is [insert percent] percent.

The proportion of payments to be retained is 05 percent.

The maximum amount of Liquidated Damages for the uncompleted Works or any part thereof is [insert percentage] percent of the final Contract price of the whole of the Works.
[ usually the total amount of liquidated damages shall not exceed ten (10) percent of the final Contract price for the whole of the Works]
 

The maximum amount of Liquidated Damages for the uncompleted Works or any part thereof is 10 percent of the final Contract price of the whole of the Works.

The amount of Liquidated Damages or in other words Delay Damages is [insert percentage] percent of final Contract price of the uncompleted Works or any part there of itâ??s per day of delay.
[usually the percent-rate of liquidated damages is set at between 0.05 and 0.10 of ONE (1) percent of final Contract price of the uncompleted Works or any part there of itâ??s per day of delay]
Guide to application of GCC Sub Clause 28.1 above
[ Liquidated damages is equivalent to an amount to be determined in accordance with the following formula
T LD = VUW x P x n
Where;
T LD = Total amount of Liquidated Damages
VUW = Value of Uncompleted Works (i.e. works not having been completed as of the expiry of the Intended Completion Date plus the works completed after the expiry of the Intended Completion Date). VUW shall be calculated by deducting the value of the completed works under the Contract from the total Contract price.
P = Percent-rate at which the Liquidated Damages shall be imposed for every day of delay of the final Contract price of the uncompleted Works or any part there of.
n = No of days of delay for completion of works under the Contract]
 

The amount of Liquidated Damages or in other words Delay Damages is 0.10 (Zero Point One Zero) percent of final Contract price of the uncompleted Works or any part there of it’s per day of delay.

The percentage to apply to the contract value of the works not completed, representing the Procuring Entityâ??s additional cost for completing the uncompleted Works, is [state percentage] percent.

[ usually between ten (10) to twenty (20) percent depending on the nature of the Works]
 

The percentage to apply to the contract value of the works not completed, representing the Procuring Entity’s additional cost for completing the uncompleted Works, is compensation assessed as mentioned in PCC 28(f)(i)

The arbitration shall be conducted in the place mentioned below;
[state name of place with location and district ]
 

The arbitration shall be conducted in the place mentioned below;

Mr.Saroj Kumar Sarkar
Additional chief Engineer(Rtd)
Qualification: M.Sc.Engineering, Age:65 Year's
LGED Bhaban,Agargaon,Ser-E-Banglanagar
Dhaka-1207

Allowed to post clarification till [Date and Time]

Allowed to post clarification till no

The minimum amount of liquid assets or working capital or credit facilities of the  Tenderer 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 taking into account the financial requirements of existing commitments. The actual period will depend on the speed with which the PE will pay the Contractorâ??s monthly certificate, allowing time to prepare an invoice, for the Project Managerâ??s time to certify it, and at least one month contingency for preparing the cheque and making actual payment.
Example:
Contract Value:   Tk 24 lakh
Contract period:   12 months
Assuming work time:  1 month
Invoice period:    0.5 month
Certification Time:   0.5 month
Contingency Time:   1 month

Therefore, the minimum required liquid asset will be Tk. 6 lakh, i.e. 3 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 minimum amount of liquid assets or working capital or credit facilities of the Tenderer shall be Tk 187500.00

-Tenderer shall demonstrate the resources sufficient to meet the aggregate of the value for the the individual concracts/contractual commitments, in case,

participation is more than one package / lot from same procuring entity and other procuring entity(ies).

- Banking instrument - authenticated by bank statement, savings instrument from any scheduled bank

- Working capital - authenticated by recent past Audit Repors

- Credit facilities - authenticated by credit sanctioned letter and bank statement of the credit account

- Credit line - authenticated by any scheduled bank in the format as specified (Form PW2a), without alteration ( Sample copy attached)

- Banking instrument, statement of Credit facilities and Credit line issued not earlier than 28 (twenty eight) days prior to the day of the original deadline for submission of Tenders for this Contract

The required average annual construction turnover shall be greater than Tk [insert amount] over the last [state number] years.

[ the required average annual construction  turn over is recommended to be about less than or equal to the estimated annual cash flow for the Contract; however the multiplier may vary from 0.30 to 1.00 ; [ years counting backward from the date of publication of IFT in the newspaper. The period may be  best three (3) years in the last five (5) years or best five (5) years in the last ten (10) years (as appropriate)]
Example:
Estimated Contract Value:  Tk 24 lakh
Contract period:   12 months
Estimated Annual Cash Flow:  Tk 24 lakh
Required average annual construction turn over: Tk 12 lakh, using a multiplier of 0.5.
[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 required average annual construction turnover shall be greater than Tk 225000.00 over the best five (5) years in the last ten (10) years

[ years counting backward from the date of publication of IFT in the newspaper]

- Apart from payment received for construction works certified public works in progress ( financial progress) or completed year wise by relevant procuring entity(ies) will be considered as construction turnover.

The minimum capacity shall be:[70%-80% of the official estimated cost]
The following formulae shall be used to calculate the Tender Capacity
Assessed Tender Capacity = (A*N*1.5-B)

Where
A=Maximum value of Works performed in any one year during last five years
N= Completion time of the proposed work in years
B= Value of Existing commitments and works to be completed during the next N Years

For Tenders where the package contains more than one (1) Lot, this qualification requirement shall be mentioned separately for each lot in the package
Note 1: In case the value of N is less than 12 (twelve) months the value of N shall be considered as 01 (one)
 

The minimum Tender Capacity shall be:525000.00

[The following formulae may be used to calculate the Tender Capacity
Assessed Tender Capacity = (A*N*1.5-B)

Where
A=Maximum value of Works performed in any one year during last five years
N= Completion time of the proposed work in years
B= Value of Existing commitments and works to be completed during the next N Years

A satisfactory completion of similar works of at least Tk [insert amount] under [state number] of contract(s) over a period of [state number] years shall be required.

[the minimum value of the similar works under a single or multiple number of  contract(s) is recommended to be between 50  and 75 percent of the estimated cost, rounded off to nearest Taka  thousand, of the proposed work. 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, shall be mentioned separately for each lot in the package]
 

A satisfactory completion of similar works of at least (BC Road Works) of at least Tk 375000.00 under Max. 4(Four) of contract(s) over a period of last 10( ten) years shall be required. years counting backward from the date of publication of IFT in the newspaper]

- The requirement of experience shall not be seperately applicable for each individual lot / package .

- Authenticated by complection certificate issued by relevent procuring entity(ies)

-Experience as a subcontracor will not be taken into account

Tenderer shall submit with its Tender, the following additional documents:

Tenderer shall submit with its Tender, the following additional documents: 1. Valid Trade Licence 2. VAT Registration 3. e-TIN Number 4. Update income tax Certificate 5. Nationality Certificate6. Business Address 7. Work Plan 8. Personnel CV 9. Documentary evidence of having equipments 10. Photocopy of Tender Documents Purchasing Money Recept 11. Payment will be made as availability of Fund, The contractor must be agreed with this condition & attached a written testimony by the tenderer

The Tender Validity period shall be [state number] days.

[normally 60 to 90 days deemed reasonable]
 

The Tender Validity period shall be 90 days.

The amount of the Tender Security shall be [ state amount ]
[note: Not exceeding three percent (3%) of the official estimated cost but as a fixed amount] 

 

The amount of the Tender Security is stated in the IFT

The deadline for lodgment of e-Tenders is [state time, and identify AM or PM e.g 10.30 a.m]
[state date, e.g 15 June,2011  ].
 

The deadline for lodgement of e-Tenders is As stated in Tender Notice