The required average annual construction turnover shall be greater than Tk38,00,000.00 over the last 3(Three) 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 Tk38,00,000.00 over the last 3(Three) years

The minimum amount of liquid assets or working capital or credit facilities of the  Tenderer shall be Tk1900000.00

[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 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 Tk1900000.00

A satisfactory completion of similar works of at least Tk 24,00,000.00 under Single of contract(s) over a period of last 3(Three) years shall be required.(Works regarding Construction/Re-Construction/Re-sectioning/ repairing of embankment /Submersible embankment shall be considered as Similar works)

[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 24,00,000.00 under Single of contract(s) over a period of last 3(Three) years shall be required.(Works regarding Construction/Re-Construction/Re-sectioning/ repairing of embankment /Submersible embankment shall be considered as Similar works)

Tenderer shall submit with its Tender, the following additional documents:
â?¢ Detail break down of the unit rates or prices by the tenderer should be submitted with the tender( Analysis template for Detail break down of the unit rates or prises attached at section 7)
â?¢ For line of Credit from any scheduled Bank of Bangladesh all the bidders must submit an unconditional assurance certificate following the standard format (Form PW2a-3) without alteration. Otherwise Tender will not be considered. Form PW2a-3 has been attached in Section 7(General Specification).
â?¢ For free funds/liquid assets as Cash the tenderer should submit last six month bank statement and during whole period (last six month) there must have minimum balance amount as stated in TDS. Otherwise the submitted bank statement or other certificate will not be treated as liquid asset
 

Tenderer shall submit with its Tender, the following additional documents:
• Detail break down of the unit rates or prices by the tenderer should be submitted with the tender( Analysis template for Detail break down of the unit rates or prises attached at section 7)
• For line of Credit from any scheduled Bank of Bangladesh all the bidders must submit an unconditional assurance certificate following the standard format (Form PW2a-3) without alteration. Otherwise Tender will not be considered. Form PW2a-3 has been attached in Section 7(General Specification).
• For free funds/liquid assets as Cash the tenderer should submit last six month bank statement and during whole period (last six month) there must have minimum balance amount as stated in TDS. Otherwise the submitted bank statement or other certificate will not be treated as liquid asset
• All Payment wii be finalized after Pre & Post work measured by Ministry/BWDB’s Task Force & other monitoring team.
Note:Bank will up date the payment transactions only at the end of the day, so th e tenderers should make sure the securities and other payments are made at least one day before the submission date.The procuring entity reserves the right to accept or rejectall Tenders /Pro posals/Pre-Qualifications.