Furniture Regulation e-Tenders

The bid notice states enders to be received till: as mentioned in tender notice.

The bid notice states payment will be made after receiving of funds from govt.

The bid notice states The employer will award the contract to the bidder whose bid has been determined: i to be substantially responsive to the bidding documents and who has offered the lowest evaluated bid price and ii to be within the available bid capacity adjusted to account for his bid price which is evaluated the lowest in any of the packages opened earlier than the one under consideration.

The bid notice states o qualify for award of the contract, each bidder in its name should have : i minimum average annual financial turnover as certified by the chartered accountant during the last three years, ending 31st march of the previous financial year, should not be less than 30 of the value of work. the turn over shall be updated to price level of the last financial year at the rate of 8 per year compounded yearly. ii experience of having successfully completed or substantially completed similar works i. e. roadbridgebuilding worksairport runwayphed iwrd works as applicable for that type of tender during the last seven years ending last day of month previous to the one in which bids are invited should be either of the following: a three similar works each costing not less than 40 of the value of work. or b two similar works each costing not less than 50 of the value of work. or c one similar work costing not less than 80 of the value of work. the amount of works shall be updated to price level of the last financial yearat the rate of 8 per year compounded yearly.

The bid notice states if the contractor has not corrected a defect within the time specified in the engineers notice, the engineer will assess the cost of having the defect corrected, and the contractor will pay double of this amount.

The bid notice states he bidder, at the bidders own responsibility and risk is encouraged to visit and examine the site of works and its surroundings and obtain all information that may be necessary for preparing the bid and entering into a contract for construction of the works.