Description 3[a] (i) The contracting Firm/Agency shall be a well-established and reputed firm specialized in the trade and registered as a legal entity for a minimum period of Ten years and having experience and capacity in the execution of civil and Electrical works or Exhibits Work. |
Description 3[b] The contracting Firm/Agency should have achieved during last five years in any one year a minimum annual financial turnover [in all classes of Civil Engineering Construction works Or Exhibits Work only] of at least 50% (fifty percent) of the estimated cost of work, ending on 31st March 2023. The annual turnover of previous years will be adjusted to 2022?2023 price level based on annual inflation of 8% (eight percent); |
Description 3[c] The Contracting firm/agency should have satisfactorily completed similar works during last 7(seven) years (ending on 30th November 2023) ending last day of month previous to the one in which applications are invited should be either of the following: - 3(C)(i) Three similar works each costing not less than 40% (forty percent) of the estimated cost Rs. 272169062.00 or completed two similar works each costing not less than 60% (sixty percent) of the estimated cost Rs. 408253593.00 or completed one similar work costing not less than 80% (eighty percent) of the estimated cost. Rs. 544338124.00 |
Description 3(C)(ii) Similar nature of work means the civil and Electrical work having G+3 RCC framed / Composite structure or Exhibits Work inclusive of AV, Multimedia work for museums and executed the same in India only. |
Description 3(C)(iii) The bidder should have agreement / MoU with agency having experience of exhibit work, Audio Visual work, multimedia work in India having value of 40% of AV work of project during any one of last five financial year. |
Description 3(C)(iv) The bidder should have availability (In house or otherwise Art Agency Associated with) experience of key person as follow: - - Researcher having at least 5 years experience in respective field. - Creative Director (at least 10 years experience working professional) - Graphic Designer (at least 5 years experience working professional) - AV Multimedia Expert (at least 5 years experience working professional) - Art Agency / Stone Sculptor (The Art Agency / The artist should be well established, should have experience in the same field) The Bidder shall submit the details of such team members as asked in form attached herein tender document (Annexure-"K") |
Description 3(C)(v) The bidder should submit a list of eminent (National/State Level Awardee) sculptor and artist (at least three person) to be associated with bidder for sculpture work of Stone, Metal, Glass, Wood as in applicable the project. Bidder should submit the credentials of associated sculptor and Artist. Or Bidder Should Submit through Art Agency (Agreement or Mou With Bidder) who have list of eminent sculptor and Artist at least three person to be associated with bidder for sculpture Work of Stone, Metal, Glass, Wood as applicable in the project. Bidder Should submit the credentials of associated Art agency. |
Description 3(C)[vi] Approval of Art Agency / sculptor and Artist will be done by Building Construction Department during technical presentation. Art Agency / Sculptor and Artist shall need to present earlier work done for stone sculpture work of Metal, Glass, Wood after Technical Bid. |
Description 3(C)[vii] The Art Agency / Sculptor and Artist provided by Bidder should have his own workshop/factory with necessary stone carving/crafting equipment, required for such work for International /State Govt./ Central Govt./ PSU sector or any other organization in India & internationally. Fabrication work shall be carried out at a site nearer to stupa construction site. Selected bidder has to make his own arrangement for setting up of fabrication yard. MoU/ Agreement between Bidder & Art Agency /Artist shall only be break /change with consent of Building Construction Department. The completion certificates should be issued by employer not below the rank of Executive Engineer or Sr. Project Manager. In case of private client, the completion certificate issued by employer should be certified by retired Executive Engineer or Registered valuer of Nationalized Bank/Insurance company/ Income Tax Dept. The bidders shall have to also submit good quality digital photographs of the completed projects. Letter of Undertaking that all Licenses required to execute works as per Government of Bihar and Government of India regulations shall be submitted after awarding of the Letter of Acceptance (LOA) and before Agreement. |
Description 3(d) Bankers Solvency Certificate or Revenue Solvency Certificate of value not less than 40% of the estimated cost. i.e Rs. 272169062.00 , Solvency Certificate must be issued after the date of inviting tender. |
Description (e.) Produce evidence of access to lines of credit and availability of other financial resources facilities (10% of the Estimated contract value), certified by the Bankers. Certificate must be issued after the date of inviting tender. |
Description (f) The Bidder shall furnish an Undertaking to be able to invest a minimum cash up to 25% of contract values of work, during implementation of work. |
Description (g) Audited financial reports or self-attested certification that the Firm/Agency has not incurred any loss in more than 2 years during the last five years ending 31st March 2023. |
Description (h) Letter of Undertaking that the company is free of any litigation over the last 5 years, bankruptcy since the inception of the firm, etc. |
Description (i) Escalation factor shall be applicable as follows for satisfactorily completed similar works cost. "Escalation factors (for the cost of works executed and financial figure to a common base value for works completed)" Year before Multiply factor One 1.1 Two 1.21 Three 1.33 Four 1.46 Five 1.61 (j) Joint Venture (JV) is acceptable as per Annexure?1 of Tender Document. |