The Project Manager is
[Name, address]
 

The Project Manager is
UE,Pakundia

The Procuring Entity is
[Name, address]
 

The Procuring Entity is
XEN, LGED,Kishoreganj

The Works consist of
[state brief summary]
 

The Works consist of
Improvement of Road Work

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

The Site is located at Pakundia

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;

After 07 days of contract agreement sign

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 07 days from Contract agreement sign

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 06 months from start date

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 15 days of signing the Contract.
[usually ten (10) days or may be less]
 

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

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:
N/A

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

The proportion of payments to be retained is 05 percent. from running bill and 10 percent from Final bill

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 0.05  percent of final Contract price of the uncompleted Works or any part there of it’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 it’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 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 is10   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 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 10 percent.

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

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;
PD, GMRIDP.LGED, Dhaka

Allowed to post clarification till [Date and Time]

Allowed to post clarification till n/A

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 775000.00

[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 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 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 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 930000.00 over the last 05 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]
 

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 1550000.00 under 01of contract(s) over a period of 10 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]
 

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

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

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 shall be 50000.00

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 lodgment of e-Tenders is 03/05/2016, 14.00