Professional Documents
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Project Director
Tender Ref:CUET/FED/PW-02
Lot No(s):01
[if there is more than one(1) lot, individual lots are to be identified in conformity with Section 6:
Bill of Quantities]
For clarification of TenderDocument purposes only, the Procuring Entitys address is:
Telephone: 0302-556146
Fax No.
e-mail address: sudip@cuet.ac.bd
and contact Procuring Entity within 7th May,2017
ITT 9.1(a) The minimum number of years of general experience of the Tenderer in the
construction works shall be 05 years.
[a minimum of three (3) years would be deemed reasonable; years counting backward from the date
of publication of IFT in the newspaper]
ITT 9.1(b) The minimum specific experience in construction works of at least 01 contract(s) of
Similar nature, complexity and methods/construction technology successfully
completed within the last 03 years, each with a value of at least Tk 6 (Six) Crore.
[the minimum number of contracts will depend on the Procuring Entitys own judgement based upon
its experience in the sector and construction industry. For example, 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]
[the minimum value of the similar works is recommended to be between 50 and 75percent of the
estimated cost of the proposed work]
[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 15 million(1.5 Crore)
over the last 03 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 amount of the Tender Security shall be 340000(Three Lac Fourty Thousand) in the form
of Pay Order / DD / Bank Guarantee From any Branch of any schedule Bank of
Bangladesh in favour of Project Director, Office of The Project Director CUET,
Chittagong-4349.
[note: Not exceeding three percent (3%) of the official estimated cost but as a fixed amount]
The minimum amount of liquid assets i.e. working capital or credit line(s) of the Tenderer shall be
Tk1.20 Crore
[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 Procuring Entity will pay the Contractors
monthly certificate, allowing time to prepare an invoice, for the Project Managers time to certify it, and at least one
month contingency for preparing the cheque and making actual payment.
Example:
Contract Value: Tk 24 lac
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 lac, i.e. 3 months cash flow based on the above assumptions.]
The Tenderer shall submit with its Tender the following additional documents: f) Any other necessary documents for
a) Up to date Trade License; fulfilling the qualification of tendered.
b) Up to date Income Tax certificate;
c) A TIN certificate;
d) A VAT Registration certificate;
e) Enlistment Certificate (If required)
A Construction Project Manager, Engineer, and other key staff shall have the following qualifications and
experience:
Total Works Experience
No Position In Similar Works Experience (years)
(years)
The Tenderer shall own or have proven access to hire or lease of the major construction equipments, in
full working order as follows :
No Equipment Type and Characteristics Minimum Number Required
01 Pilling Rig 03
03 Generator 02