Rajasthan State Road Development & Construction Corporation Ltd.

4.3.11 proposed methodology and programme of construction, backed with equipment planningand deployment, duly supported with broad calculations and quality control proceduresproposed to be adopted, including fund flow & cash flow planning & statement, justifyingtheir capability of execution and completion of the work as per technical specificationswithin the stipulated period of completion as per milestones.4.4 Bids submitted by a Joint Venture (by maximum of two firms as partners) shall comply withthe following requirements:4.4.1 the bid shall include all the information listed in clause 4.3 above;4.4.2 the bid and, in case of a successful bid, the Agreement, shall be signed so as to be legallybinding on all partners;4.4.3 one of the partners shall be nominated as being in-charge or lead partner, and thisauthorization shall be evidenced by submitting a power of attorney signed by legallyauthorized signatories of all the partners;4.4.4 the partner in-charge shall be authorized to incur liabilities and receive instructions for andon behalf of any and all partners of the joint venture and the entire execution of the Contract,including payment, shall be done exclusively with the partner in charge;4.4.5 all partners of the joint venture shall be liable jointly and severally for the execution of thecontract in accordance with the contract terms, and a statement to this effect shall beincluded in the authorization mentioned under 4.4.3 above, as well as in the bid and in theAgreement (in case of a successful bid);4.4.6 the joint venture agreement shall be registered so as to be legally valid and binding onpartners; and4.4.7 a copy of the Joint Venture Agreement entered into by the partners shall be submitted withthe bid. Alternatively, a Letter of Intent to execute a Joint Venture Agreement in the event ofa successful bid shall be signed by all partners and submitted with the bid, together with acopy of the proposed Agreement.4.5 To qualify for award of the contract4.5.1 A bidder in its name should have (in the last five years as referred to in Annexure-1):4.5.1.1 achieved a minimum annual financial turnover (in all classes of civil engineeringconstruction works only) amount indicated in Annexure-1 in any one year;4.5.1.2 satisfactorily completed, not less than 90% of contract value, at least one similar work ofvalue not less than the amount indicated in Annexure-1,a. as a prime contractor, orb. as a nominated subcontractor (nominated or selected or approved by a Govt.Organisation) where the subcontract involved execution of all main items of work describedin the bid document; provided further that all other qualification criteria are satisfied.4.5.2 A bidder should further demonstrate:4.5.2.1 availability of either owned or leased following key and critical equipment for this work:Based on the studies, carried out by the Engineer the minimum suggested major equipmentto attain the completion of works in accordance with the prescribed construction scheduleare shown in the Annexure-2.The bidders shall, however, undertake their own studies and furnish with their bid, a detailedconstruction planning and methodology supported with layout and necessary drawings andcalculations (detailed) as stated in clause 4.3.11 above to allow the employer to review theirproposals. The numbers, types and capacities of each plant/equipment shall be shown in theproposals along with the cycle time for each operation for the given production capacity tomatch the requirements.4.5.2.2 availability for this work exclusively of a Project Manager with minimum three years'experience in construction of similar civil engineering works, and other key personnel withadequate experience;4.5.2.3 liquid assets and/or availability of credit facilities of no less than the amount indicated inAnnexure-1(Credit lines/letter of credit certificates from Banks for meeting the funds requirement etc. -usually the equivalent of the estimated cash flow for 3 months in peak construction period.Such letter of credit can be submitted either severely or jointly)Bid document for 4-laning of Merta-Lambiya-Beawar Road km 83/0 to 98/0 of SH-39Page 6 of 86