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.

[a minimum of three (3) years would be deemed reasonable; years counting backward from the date of publication of IFT in the newspaper]

The minimum specific experience as a Prime Contractor or Subcontractor or Management Contractor in construction works of at least [state number] contract(s) of similar 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 of contracts will depend upon the size and type of construction work, and the PE should make its own judgement based upon its experience in the sector and construction industry. For example, for large works, it could be one (1) contract of similar nature during the last three (3) years or five (5) years or ten (10) years (whichever appropriate); 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 value of the similar works is recommended to be between 50 and 75 percent of the estimated cost of the proposed work]

 

The minimum number of years of general experience of the Tenderer in the construction works as Prime Contractor 05(Five years). Years counting backward from the date of publication of IFT in the e-GP web portal.

The minimum specific experience as a Prime Contractor in construction works under public sector of at least 01 (One) successfully completion a contract within the last 5 (Five) years, with a value of at least Tk-80 lakh .Years counting backward from the date of publication of IFT in the e-GP web portal.The certificate must be submitted according to the attached format, form 1,and information must be submitted according to the form2 attached herewith)

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 twice the estimated annual cash flow for the Contract; however the multiplier may vary from 1.0 to 2.0, the larger the Contract size the lesser the multiplier should be. 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) ; years counting backward from the date of publication of IFT in the newspaper]
Example:

Estimated Contract Value: Tk 24 Cr.
Contract period: 18 months
Estimated Annual Cash Flow: Tk 16 Cr.
Required average annual construction turn over: Tk 24 Cr., using a multiplier of 1.5.
[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 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 Cr.
Contract period: 18 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 4 Cr., 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 required average annual construction turnover i.e. total certified payments received for contracts in progress or completed under public sector from respective procuring entity shall be greater than Tk-160 lakh over the last 05 (five)years, (years counting backward from the date of publication of IFT in the e-GP web portal)
-Payment received Certificates for construction works, issued by relevant Procuring Entity(ies) will be considered as construction turnover.
The minimum amount of liquid assets or working capital or credit facilities or Credit Line of the Tender shall beTk.  45 Lakh
Supporting necessary documents required are as follows:
-Liquid Assets - authenticated by bank statement from any scheduled bank.
-Working capital: authenticated by recent past Audit Reports.
-Credit facilities: authenticated by credit sanctioned letter and bank statement of the credit account.
-Credit line: authenticated by any scheduled bank shall be furnished without alteration in accordance with the format as specified in the Form PW3-7; "Letter of Commitment for Bank’s Undertaking for Line of Credit", should be download from section 9 of the Tender Document.
Note: Liquid Assets, statement of Credit Facilities and Line of Credit must be issued not earlier than 28 (twenty eight) days prior to the day of the original deadline for submission of Tenders for this Contract.
- Audit Reports (audited Balance Sheet) should be for last financial year or most recent past.

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

Note 1: In case the value of N is less than 12 (twelve) months the value of N shall be considered as 01 (one)
Note 2: In case of JV tender capacity requirement for leading partner shall be minimum 40% and for other partners shall be minimum 25%.
 

The minimum capacity shall be:Tk.120 Lakh
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

Note 1: In case the value of N is less than 12 (twelve) months the value of N shall be considered as 01 (one)
Note 2: In case of JV tender capacity requirement for leading partner shall be minimum 40% and for other partners shall be minimum 25%

Tenderer shall own or have proven access to hire or lease of the major construction  equipments, in full working order as follows :

 [for Tenders where the package contains more than one (1) lot, this qualification requirement may be necessary  for each lot in the package, subject to the nature of the control required over each package]

Tenderer shall own or have proven access to hire or lease of the major construction  equipments, in full working order as follows :