View IFT /PQ / REOI / RFP / PPS Notice Details
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Amendment / Corrigendum No. : 1
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| Amendment / Corrigendum Text : | Change in qualification criteria |
| Field Name | Old Value | New Value |
|---|---|---|
| Document last selling date & time | 27/03/2017 17:00 | 05/04/2017 17:00 |
| Opening Date & Time | 28/03/2017 12:10 | 06/04/2017 12:00 |
| Last date & time for Tender/Proposal Security Submission | 28/03/2017 11:00 | 06/04/2017 11:00 |
| Closing Date & Time | 28/03/2017 12:00 | 06/04/2017 12:00 |
| TDS/PDS--C. Qualification Criteria-- |
The minimum amount of liquid assets or working capital or credit facilities of the Tenderer shall be Tk 5.00 Lac
[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 5.00 Lac
-Tenderer shall demonstrate the resources sufficient to meet the aggregate of the value for the individual contracts/contractual commitments, in case, participation is more than one package/lot from same procuring entity and other procuring entity (ies). |
| TDS/PDS--C. Qualification Criteria-- |
The required average annual construction turnover shall be greater than Tk 5.00 Lac
[ 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 5.00 Lac
Tenderers will have to submit turnover certificate of his best (maximum payment) five years (should be mentined in the tenderer information form) payment recived from the concerned procuring entities. Otherwise , last five years will be counted as best five years. |
| TDS/PDS--C. Qualification Criteria-- |
A satisfactory completion of similar works of at least Tk 5.00 Lac [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 5.00 Lac
(years counting backward from the date of publication of IFT in the newspaper) |