View IFT /PQ / REOI / RFP / PPS Notice Details
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Amendment / Corrigendum No. : 1
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| Amendment / Corrigendum Text : | Corrigendum 1 |
| Field Name | Old Value | New Value |
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| TDS/PDS--C. Qualification Criteria-- | 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.
Therefore, the minimum required liquid asset will be Tk. 6 lakh, i.e. 3 months cash flow based on the above assumptions.] |
The minimum amount of liquid assets or working capital or credit facilities of the Tenderer shall be Tk 14.00 Lakh
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| TDS/PDS--C. Qualification Criteria-- | 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)] |
The required average annual construction turnover shall be greater than Tk 45.00 Lakh over the last three years.
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| TDS/PDS--C. Qualification Criteria-- | 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 Tk 11.00 Lakh under single contract over a period of three years shall be required. |
| TDS/PDS--D. Tender Preparation-- | Tenderer shall submit with its Tender, the following additional documents: |
Tenderer shall submit with its Tender, the following additional documents: |
| TDS/PDS--D. Tender Preparation-- | The Tender Validity period shall be [state number] days.
[normally 60 to 90 days deemed reasonable] |
The Tender Validity period shall be 90 days. |
| TDS/PDS--D. Tender Preparation-- |
The amount of the Tender Security shall be 40000. |
The amount of the Tender Security shall be 40000 in favour of PD, BSMJUMIDP, BADC, Barishal. |