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Government of Nepal

Infrastructure Development Office, Pyuthan

IFB No.: IDO/PYU/ROL/W/MB/NCB/03/075-76

Project Title: Construction of Lungri Khola Motorable Bridge at Koiralakharka,


Rolpa

Technical Bid Evaluation Report

Prepared on: 19-08-2019


BID DATA

1.Project Title: Construction of Lungri Khola Motorable Bridge at Koiralakharka,


Rolpa
2.Loan/Grant Number : NA

3.Funded By : Government Budget

4.IFB No.: IDO/PYU/ROL/W/MB/NCB/03/075-76

5.Estimated Value/Engineer's 65541337.90


Estimate:
6.Date Invitation For Bids Issued : 14-07-2019 12:00

7.Mode of Procurement: NCB

8.Bid Closing Date and Time : 16-08-2019 12:00

9.Technical Bid Opening Date and 16-08-2019 13:00


Time :
10.Number of Bids Received: 2

11.Bid Validity Date: 16-08-2019

12.Bid Security Validity Date: 31-12-2019

13.Date for Determining Applicable 19-07-2019 13:00


Exchange Rate:
1.Introduction

1.1 General

Bids for Construction of Lungri Khola Motorable Bridge at Koiralakharka, Rolpa, IFB No.
IDO/PYU/ROL/W/MB/NCB/03/075-76 were invited through a public notice on 14-07-2019 12:00 hours with
submission date of 16-08-2019 12:00 hours under NCB Competitive Bidding with Single Stage Two Envelope
Procedures. The date and time for the submission of bids were not required to be extended and the receiving of
bids was closed at 16-08-2019 12:00 hours as scheduled in the Invitation for Bids.
1.2 Submission of Bids

The following sole and joint venture associations of the contractors submitted their bids within the bid
submission deadline as stated in 1.1 above

SN Bidder Name

1 Bhairab-Hilltop J/V

2 Asiatic Rahbir Aanshu JV

1.3 Technical Bid Opening

Technical Bids were opened as specified in the bidding documents at 16-08-2019 13:00 hours by the Bid
Opening Committee in the presence of representatives of bidders who choose to attend the bid opening. The
bidders' names, withdrawal/modification/substitutions, alternative proposals, the presence or absence bid
security and Price Bid were announced and recorded. Letter of Technical Bids were initialed by representatives
of the Employer attending the opening. The Record of Technical Bid Opening was prepared soon after the bids
were announced and a copy of the Record of Bid Opening is forwarded to the ADB. A copy of the Technical
Bid Opening is attached as Appendix -A.
1.4 Bid Evaluation Committee

Sl. No. Committee Member Name Signature

1 Nabin Shrestha (Chairman)

2 Lok Prasad Bista chetri

3 Birendra Kandel
2.Bid Evaluation

The detail criteria for the bid evaluation are listed in Appendix B .

2.1 Bidder List:

The following technical bids are considered for evaluation of the technical bids.

SN Bidder Name

1 Bhairab-Hilltop J/V

2 Asiatic Rahbir Aanshu JV

2.2 Test of Eligibility:

As per approved criterions following bidders have complied with all the requirements of eligibility test

SN Bidder Name Remarks (if any)

1 Asiatic Rahbir Aanshu JV

2 Bhairab-Hilltop J/V

2.3 Completeness Test:

As per approved criterions following bidders have complied with all the requirements of completeness test

SN Bidder Name Remarks (if any)

1 Asiatic Rahbir Aanshu JV ok

2 Bhairab-Hilltop J/V ok

2.4 Technical Test:

As per approved criterions following bidders have complied with all the requirements of technical test

SN Bidder Name Remarks (if any)

1 Asiatic Rahbir Aanshu JV

2 Bhairab-Hilltop J/V

2.5 Qualification Test:

As per approved criterions following bidders have complied with all the requirements of qualification test

SN Bidder Name Remarks (if any)

1 Asiatic Rahbir Aanshu JV


2.6 Bidder Criteria Details

CRITERIA: Completeness Test


BIDDER NAME: Bhairab-Hilltop J/V

Sl. No. Sub-Criteria Result Comments

1 Qualification related document Complied

2 JV agreement Letter in case of JV Bid Complied Argreement made on August 11, 2019 by
Suresh Lal Shrestha of the Bhairab
Construction and Kishan Shrestha of the
Hilltop Construction.
3 Bid Security Complied Bid Bond Gurantee Number NB:001:BB:
50655/19 , issued by Corporate Branch of
the Nepal Bangladesh Bank dated on
August 14, 2019 and the Gurantee is also
verified by Corporate branch of the Nepal
Bangladesh Bank.
4 Power of Attorney Complied Power of attorney is given to the Director
of the Bhairab Construction Company
Suresh Lal Shrestha by Managing Director
Gopal Shrestha of the Bhairab
Construction Company, Dated on February
5, 2019
5 Letter of Technical Bid Complied Dated on August 15, 2019 and signed by
Authorized Representative of the Bhairab-
Hilltop J.V. Suresh Lal Shrestha.

BIDDER NAME: Asiatic Rahbir Aanshu JV

Sl. No. Sub-Criteria Result Comments

1 Qualification related document Complied Compiled.

2 JV agreement Letter in case of JV Bid Complied Dated on August 1, 2019.

Asiatic Engineers and Builders 40%


Rajbir Nirman Sewa Pvt. Ltd. 30%
Anshu Nirman Sewa Pvt. Ltd. 30%
3 Bid Security Complied Bid Bond Number :- BBG5019NPR01469
issued by Global IME Bank , Libang
Branch dated on August 4, 2019. Amount
NRs.1640000.00
4 Power of Attorney Complied Dated on August 1, 2019 .

5 Letter of Technical Bid Complied Dated on 2076/4/11

CRITERIA: Test Of Eligibility


BIDDER NAME: Bhairab-Hilltop J/V

Sl. No. Sub-Criteria Result Comments

1 Nationality Complied Compiled.

2 Conflict of Interest Complied No such conflict of interest found.

3 Government/DP Eligibility Complied Compiled

4 UN Eligibility Not Applicable Not applicable

5 Government-owned Entity Not Applicable Not applicable.


Sl. No. Sub-Criteria Result Comments

6 Other Eligibility : Firm Registration Complied Bhairab Construction is registered in


Certificate Department of Industry in 2037/2/31.
Hilltop Construction is registered in
Department of Industry in 2033/7/5.

7 Other Eligibility : Business Registration Complied Bhairab Construction is registered in


Certificate Ministry of Physical planning and works
on 2045/3/16 liscence number 73 and
grante as "Ka" on 2059/6/14.

Hilltop Construction is registered in


Ministry of Physical Planning and Works.
8 Other Eligibility : Tax Clearance Complied
Certificate/Tax return submission
evidence/evidence of time extension for
the F/Y (Only for domestic bidders)
9 Other Eligibility : VAT and PAN Complied For Bhairab Construction; PAN Number
Registration certificate (only for 300051502 and VAT registration date
domestic bidders) 2054/8/1.( Pan registration certificate dated
on 2057/2/19 issued by the inland revenue
office, kathmandu)

For Hilltop Construction; PAN Number


300183658 and VAT registration dated on
2056/7/29 .(PAN registration certificate
dated on 2057/3/14)
10 Other Eligibility : Additional Not Applicable Not Applicable.
requirements
11 Corruption Charges Not Applicable Not applicable.

12 TAX Registration Complied compiled

13 Company Registration Complied compiled

14 Tax Clearance of latest F/Y Complied For Bhairab Construction ; tax clearance
letter is submitted (ref. number 5975 dated
on 2075/10/03 issued by inland revenue
office, balaju)

For Hilltop Construction ; tax clearance


letter is submitted (ref. Number 6528 dated
on 2075/10/15 issued by inland revenue
office, balaju)

BIDDER NAME: Asiatic Rahbir Aanshu JV

Sl. No. Sub-Criteria Result Comments

1 Nationality Complied Compiled

2 Conflict of Interest Complied No such conflict of interest found.

3 Government/DP Eligibility Complied compiled.

4 UN Eligibility Not Applicable Not Applicable.

5 Government-owned Entity Not Applicable Not Applicable.

6 Other Eligibility : Firm Registration Complied Compiled.


Certificate
7 Other Eligibility : Business Registration Complied Asiatic has registered on Ministry of
Certificate Physical Planning and Works liscence
number 2173 dated on 2046/6/10.
Anshu Nirman Sewa ;02/060/061 issued
by Pyuthan Municipality dated on
Sl. No. Sub-Criteria Result Comments

2075/6/19.
Anshu Nirman Sewa ;33/060/61 issued by
Gharelu tatha sana udhyog bibhag dated on
2060/8/21.
Rajbir Nirman Sewa ; Gharelu tatha sana
udhyog bibhag ref number 2/073/74 date
on 2073/6/10.
Rajbir Nirman Sewa Pvt. Ltd. ref number
11/057/58 dated on 2058/2/16 issued by
office of the district development
Committee, Rolpa

8 Other Eligibility : Tax Clearance Complied Asiatic FY 2074/75 , ref number 3552
Certificate/Tax return submission dated 2075/7/4 issued by inland revenue
evidence/evidence of time extension for office, Butawal.
the F/Y (Only for domestic bidders) Anshu FY 2074/75 , ref number 17142
dated on 2075/10/9 issued by inland
revenue office, Dang.
Rajbir Nirman Sewa , re number 984
dated on 2075/4/17 issued by inland
revenue office, Dang.
9 Other Eligibility : VAT and PAN Complied Asiatic Engineers and Builders, Pan
Registration certificate (only for Number 300211892 issued on 2058/5/18
domestic bidders) issued by inland revenue office, Butawal,
Vat registration 2057/8/14.
Anshu Nirman Sewa, Pan number
301540366 issued on 2060/9/10 issued by
inland revenue office dang, Vat
registration date 2063/4/25.
Rajbir Nirman Sewa Pvt. Ltd. Pan number
604328128 issued by inland revenue
office, dang on 2073/6/9 and Vat
registration Date 2073/6/9.

10 Other Eligibility : Additional Not Applicable Not Applicable


requirements
11 Corruption Charges Not Applicable Not Applicable.
12 TAX Registration Complied Compiled.

13 Company Registration Complied Raj Bir Nirman Sewa , registration number


:- 156164/073/074 issued by Company
Registrar dated on September 21,2016.

14 Tax Clearance of latest F/Y Complied Asiatic FY 2074/75 , ref number 3552
dated 2075/7/4 issued by inland revenue
office, Butawal.
Anshu FY 2074/75 , ref number 17142
dated on 2075/10/9 issued by inland
revenue office, Dang.
Rajbir Nirman Sewa , re number 984
dated on 2075/4/17 issued by inland
revenue office, Dang.

CRITERIA: Technical Test


BIDDER NAME: Bhairab-Hilltop J/V

Sl. No. Sub-Criteria Result Comments

1 Adequacy of Technical Proposal Complied


compiled.
2 Multiple Contracts Not Applicable Not Applicable.
Sl. No. Sub-Criteria Result Comments

3 Personnel Complied Requirement


Proposed
Contract Manager -1
Smriti Baral
Civil Engineer -1
Pramesh Hada
Civil Overseer -2
Madhab Adhikari & Ram Shrestha

Meets the Requirement.

4 Equipment Complied Requirement


Proposed
Excavator with Breaker -1
Ba. 3 ka. 839 Komatsu PC 210 owned
Dumped Truck(Tipper) -2
Bhe. 1 ka. 743 & Ba. 1 ka. 7501 owned
Water Pump 4" Diameter -4
Water Pump 4
Vibrator with Needle -6
Needle Vibrator 6
Concrete Mixturer -4
Concrete Mixture 4 Set

Meets the Requirement.


5 Sub Contractor Not Applicable Not Applicable

BIDDER NAME: Asiatic Rahbir Aanshu JV

Sl. No. Sub-Criteria Result Comments

1 Adequacy of Technical Proposal Complied Compiled.

2 Multiple Contracts Not Applicable Not Applicable

3 Personnel Complied Requirement


Proposed
Contract manager -1
Nirajan Prasad Poudel
Civil Engineer -1
Hemanta Chaudhari
Civil Overseer -1
Ram Yadav and Bhim Poudel

Meets the requirement.


4 Equipment Complied Requirement
Proposed
Excavator with Breaker -1
Excavator with breaker ba.2 ka 5409
owned
Dumped Truck (Tipper) -2
Lu.2 kha 1949 and Na. 7 kha. 7484
Water Pump 4' Diameter -4
Water Pump 4
Needle Vibrator 6
Needle Vibrator-6
Concrete Mixture 4
Concrete Mixture -4

meets the requirement.

5 Sub Contractor Not Applicable Not Applicable


CRITERIA: Test Of Qualification
BIDDER NAME: Bhairab-Hilltop J/V

Sl. No. Sub-Criteria Result Comments

1 General Construction Experience Complied Meets the requirement.

2 Contracts of Similar Size and Nature Complied Requirement


Certificate Submitted
Two RCC Bridge at least 50M Length
Ref. No. 479, Date 2072/3/14 issued by
DRO Okhaldhunga. 170 m long Steel
Truss Bridge over Sunkoshi River at
Ghurmi. Ref. No. 939, Date 2074/1/11
issued by DRO Kapilvastu. 103.04 M long
RCC Bridge over Banganga River.

Meets the requirement.


3 Construction Experience in Key Not Applicable Not Applicable
Activities
4 Historical Financial Performance Complied Five years Financial record has been
submitted by Bhairab Construction and
Hilltop Construction.
Meets the requirement.
5 Average Annual Construction Turnover Not-Complied Required Turnover
One Partner Nrs. 1,76,00,000.00
Bhairab Construction AACT =
25,31,16,695.8
Each Partner Nrs. 1,10,00,000.00
Hilltop Construction AACT =
1,05,56,797.95

Hence doesn't meet the requirement.


6 Financial Resources Complied Bhairab Construction:- Issued by NB
Bank, Corporate Branch, Kamaladi
Kathmandu dated on August 15,2019.
Amount NRs. 200000000.00

Hilltop construction :- Issued by NB Bank,


Corporate Branch, Kamaladi, Kathmandu
dated on August 15, 2019. Amount NRs.
20000000.00

Which meets the requirment of


9700,000.00
7 Required Bid Capacity Complied Meets the requirement.

BIDDER NAME: Asiatic Rahbir Aanshu JV

Sl. No. Sub-Criteria Result Comments

1 General Construction Experience Complied Meets the requirement.

2 Contracts of Similar Size and Nature Complied Requirement:


Submitted
two (2) two (RCC Motorable Bridge with
Construction of Prestressed Bridge over
Tinau River along Devina
minimum length 50m) Contracts within the
last ten gar-Hattisur Road
of 105 m length with amount Nrs
9,16,16,651.46
(10) years, each with a value of at least
without vat. Ref number 48, dated on
2076/4/9 issued by DRO
NRs (3) 46,500,000.00
Sl. No. Sub-Criteria Result Comments

Butawal.

Construction of Bridge over Rohini River


along Bhaluhi Madrah

ini (Sainik Road) Rupandehi of 60 m


length with contract Am

ount Nrs. 52291227.60 without Vat ref.


number 47 dated on

2076/4/9 issued by DRO Butwal.


3 Construction Experience in Key Not Applicable Not Applicable
Activities
4 Historical Financial Performance Complied Five years Financial situation of Asiatic
Engineers and Builders, Anshu Nirman
Sewa and Rajbir Nirman sewa has been
submitted.

Meets the requirement.


5 Average Annual Construction Turnover Complied Requirement
Calculated AACT
One Partner Nrs. 17,600,000.00
Asiatic Engineers and Builders
126,920,793.54
Each partner Nrs. 11,000,000.00
Anshu Nirman Sewa
24,732,079.5
Combined Nrs. 44,000,000.00
Rajbir Nirman Sewa, Pvt. Ltd
16,180,420.5

Meets the requirement.


6 Financial Resources Complied Requirement
Calculated AACT
One Partner Nrs. 3,880,000.00
Asiatic Engineers and Builders Nrs.
50,000,000.00
Each partner Nrs. 2,425,000.00
Anshu Nirman Sewa Nrs.
3,000,000.00
Combined Nrs. 9,700,000.00
Rajbir Nirman Sewa, Pvt. Ltd Nrs.
32,500,000.00

Meets the requirement.


7 Required Bid Capacity Complied Requirement
Calculated
One Partner Nrs. 24,000,000.00
Asiatic Engineers and Builders Nrs
763,050,000.00
Each Partner Nrs. 15,000,000.00
Anshu Nirman Sewa Nrs 153,580,000.00
Combined Nrs. 60,000,000.00
Rajbir Nirman Sewa 63,860,000.00

Meets the requirement.


2.7 Non-Responsive Bidder

NA
3. Technical Evaluation Committee's final Recommendation
Based on above evaluation, the technical evaluation committee recommends the followings

Average Annual Construction Turnover of Hilltop Construction Concern doesn't meet the requirement set in the Section
III Evaluation and Qualification Criteria. So Bhairab-Hilltop J/V Nayabazar, Kathmandu is found to be nonresponsive.

Asiatic-Rajbir-Anshu JV meets all criteria set in the Section III Eligibility and Qualification Criteria. So Asiatic-Rajbir-
Anshu JV is found to be responsive and recommended for the financial opening of Asiatic-Rajbir-Anshu JV.
Appendix A
Bid Opening Report
Scanned by CamScanner
Scanned by CamScanner
Appendix B
Detail Technical Evaluation Criteria
Test of Eligibility:

SN Sub-Criteria Description

1 Nationality Nationality in accordance with ITB sub-clause 4.2


Single Entity must meet requirement.
In case of joint ventures
All Partners Combined must meet requirement.
Each Partner must meet requirement.
One Partner not applicable.
Documents Submission Requirements: Letter of Technical Bid Forms ELI
–1; ELI –2 with attachments.
2 Conflict of Interest No conflicts of interest in accordance with ITB Sub-Clause 4.3.
Single Entity must meet requirement.
In case of joint ventures
All Partners Combined existing or intended JV must meet requirement.
Each Partner must meet requirement.
One Partner not applicable.
Documents Submission Requirements: Letter of Technical Bid.
3 Government/DP Eligibility Not having been declared ineligible by government/DP, as described in ITB
Sub-Clause 4.4.
Single Entity must meet requirement.
In case of joint ventures
All Partners Combined must meet requirement.
Each Partner must meet requirement.
One Partner not applicable.
Documents Submission Requirements: Letter of Technical Bid.
4 UN Eligibility Not having been declared ineligible based on a United Nations resolution or
Employer's country law, as described in ITB Sub-Clause 4.8.
Single Entity must meet requirement.
In case of joint ventures
All Partners Combined existing or intended JV must meet requirement.
Each Partner must meet requirement.
One Partner not applicable.
Documents Submission Requirements: Letter of Technical Bid.
5 Government-owned Entity Bidder required to meet conditions of ITB Sub-Clause 4.5.
Single Entity must meet requirement.
In case of joint ventures
All Partners Combined existing or intended JV must meet requirement.
Each Partner must meet requirement.
One Partner not applicable.
Documents Submission Requirements: Forms ELI - 1, ELI - 2, with
attachments.
6 Other Eligibility : Firm Firm Registration Certificate
Registration Certificate Single Entity must meet requirement.
In case of joint ventures
All Partners Combined not applicable.
Each Partner must meet requirement.
One Partner not applicable.
Documents Submission Requirements: Document attachment.
7 Other Eligibility : Business Business Registration Certificate
Registration Certificate Single Entity must meet requirement.
In case of joint ventures
All Partners Combined not applicable.
Each Partner must meet requirement.
One Partner not applicable.
Documents Submission Requirements: Document attachment.
8 Other Eligibility : Tax Clearance Tax Clearance Certificate/Tax return submission evidence/evidence of time
Certificate/Tax return submission extension for the F/Y 2074/75.(Only for domestic bidders)
evidence/evidence of time Single Entity must meet requirement.
extension for the F/Y (Only for In case of joint ventures
domestic bidders) All Partners Combined not applicable.
Each Partner must meet requirement.
One Partner not applicable.
Documents Submission Requirements: Document attachment.
SN Sub-Criteria Description

9 Other Eligibility : VAT and PAN VAT and PAN Registration certificate (only for domestic bidders)
Registration certificate (only for Single Entity must meet requirement.
domestic bidders) In case of joint ventures
All Partners Combined not applicable.
Each Partner must meet requirement.
One Partner not applicable.
Documents Submission Requirements: Document attachment.
10 Other Eligibility : Additional Additional requirements
requirements Single Entity must meet requirement.
In case of joint ventures
All Partners Combined not applicable.
Each Partner must meet requirement.
One Partner not applicable.
Documents Submission Requirements: Document attachment.
11 Corruption Charges If Case Filed and Pending Please choose Non-Complied

12 TAX Registration TAX Registration

13 Company Registration Company Registration

14 Tax Clearance of latest F/Y Tax Clearance of latest F/Y

Completeness Test:

SN Sub-Criteria Description

1 Qualification related document Qualification related document

2 JV agreement Letter in case of JV JV agreement Letter in case of JV Bid


Bid
3 Bid Security Bid Security

4 Power of Attorney PoA

5 Letter of Technical Bid Letter of Technical Bid

Technical Test:

SN Sub-Criteria Description

1 Adequacy of Technical Proposal Evaluation of the Bidder's Technical Proposal will include an assessment of
the Bidder's technical capacity, to mobilize key equipment and personnel for
the contract consistent with its proposal regarding work methods, scheduling,
and material sourcing in sufficient detail and fully in accordance with the
requirements stipulated in Section VI (Works Requirements).
2 Multiple Contracts Pursuant to Sub-Clause 35.4 of the Instructions to Bidders, if Works are
grouped in multiple contracts, evaluation will be as follows:

Works are grouped in multiple contracts and pursuant to Sub-Clause 35.4 of


the Instructions to Bidders, the Employer will evaluate and compare Bids on
the basis of a contract, or a combination of contracts, or as a total of contracts
in order to arrive at the least cost combination for the Employer by taking
into account discounts offered by Bidders in case of award of multiple
contracts.

If a bidder submits several successful (lowest evaluated substantially


responsive) bids, the evaluation will also include an assessment of the
Bidder's capacity to meet the aggregated requirements regarding:
• Specific Construction Experience
• Average Annual Construction Turnover
SN Sub-Criteria Description

2 Multiple Contracts • Financial Resources, Equipment to be allocated, and


• Personnel to be fielded.

3 Personnel Personnel

4 Equipment Equipment

Qualification Test:

SN Sub-Criteria Description

1 General Construction Experience Experience under construction contracts in the role of contractor,
subcontractor, or management contractor for at least the last (1) 5 (Five)
years prior to the applications submission deadline.
For Single Entity : Must meet requirement
For joint Venture : Each Partner Must meet requirement. All partner
combined and one partner not applicable.
Documents Submission Requirements : Form EXP - 1
Note:
(1) Insert number of years in words and figures. The time period is normally
5 years or more, but may be reduced to not less than 3 years, according to the
nature of works.

2 Contracts of Similar Size and Participation as Prime contractor, management contractor, or subcontractor,
Nature in at least (2) two (RCC Motorable Bridge with minimum length 50m)
Contracts within the last ten (10) years, each with a value of at least NRs (3)
46,500,000.00 that have been successfully or are substantially completed and
that are similar to the proposed works. The similarity shall be based on the
physical size, complexity, methods, technology or other characteristics as
described in Section VI, Works Requirements.
Only the net amount shall be calculated after deducting the amount for VAT
and such amount shall be adjusted to present value by applying wholesale
price index of Nepal Rastra Bank.
For Single Entity : Must meet requirement
For joint Venture : All partners combined, must meet requirement. Each
partner and one partner not applicable.
Documents Submission Requirements : Form EXP - 2(a)
Note:
(2) Insert number of contracts, the range should be one to two, depending on
the size and complexity of the subject contract, the exposure of the risk to the
Employer by contractor’s default.
(3) Insert amount in Nepalese rupees, which is usually 80% of the estimated
value of the subject contract.
3 Construction Experience in Key For the above or other contracts executed during the period stipulated in 2.4.2
Activities (a) above, a minimum construction experience in the following key activities
: Not Applicable
For Single Entity : Must meet all requirement
For joint Venture : All partners combined must meet all requirements. Each
Partner not applicable. One partner not applicable.
Documents Submission Requirements : Form EXP - 2(b)
List the production rate(s) for the key activity (ies) in the subject contract.
The rates should be about 80% of the estimated production rates of the key
activity(ies) in the subject contract as needed to meet the expected
construction schedule with due allowance for adverse climatic conditions.
4 Historical Financial Performance Submission of audited balance sheets and income statements, for the last (1)
5 years to demonstrate the current soundness of the Bidder's financial
position. As a
minimum, a Bidder's net worth calculated as the difference between total
assets and total liabilities should be positive.
Note:
(1) The financial information provided by a Bidder should be reviewed in its
entirety to allow a truly informed judgment, and the pass-fail decision on the
financial position of the Bidder should be given on this basis. Balance sheet
SN Sub-Criteria Description

4 Historical Financial Performance of the past three to five years period which shall be decided according to the
nature of the work.
For Single Entity : Must meet requirement
For joint Venture : Each partner Must meet requirement. All partner
combined and one partner -> not applicable.
Documents Submission Requirements : Form FIN - 1 with attachments

5 Average Annual Construction Minimum average annual construction turnover of NRs (2) 44,000,000.00,
Turnover calculated as total certified payments received for construction contracts in
progress or
completed, within best three years out of last ten years.
Only the net amount shall be calculated after deducting the amount for VAT
and such amount shall be adjusted wholesale price index of Nepal Rastra
Bank.
For Single Entity : Must meet requirement
For joint Venture : All combined partner Must meet requirements, Each
partner Must meet 3 of the requirement, One partner must meet 4 of the
requirements.
Documents Submission Requirements : Form FIN -2

Note:
(2) The amount stated should normally not be less than 1.5 x V/T, the
estimated annual turnover in the subject contract based on a straight-line
projection of the Employer's estimated cost (V), over the contract duration
(T) in year. Contract duration less than one year shall be considered one year.
The multiplier of 1.5 may be reduced up to1 (one) in accordance with the
size, nature and complexity of contracts.
(3) Usually not less than 25 %
(4) Usually not less than 40 %

6 Financial Resources Using Forms FIN - 3 in Section IV (Bidding Forms) the Bidder must
demonstrate access to, or availability of, financial resources in the form of
"Lines of Credit",
The following cash - flow requirement, (5) NRs. 9,700,000.00
For Single Entity : Must meet requirement
For joint Venture : All partners combined Must meet requirements, Each
partner Must meet (6) of the requirement, One partner must meet (7) of the
requirements.
Documents Submission Requirements : Form FIN - 3
Note:
(5) Construction cash flow requirement for a number of months (to the
nearest half-month), determined as the total time needed by the Employer to
pay a contractor's invoice, allowing for (a) the actual time consumed for
construction, from the beginning of the month invoiced, (b) the time needed
by the Project Manager to issue the monthly payment certificate, (c) the time
needed by the Employer to pay the amount certified, and (d) a contingency
period of one month to allow for unforeseen delays. The total period should
not exceed six months. The assessment of the monthly amount should be
based on a straight-line projection of the estimated cash flow requirement
over the particular contract period, neglecting the effect of any advance
payment and retention monies, but including contingency allowances in the
estimated contract cost.
(6) Usually not less than 25 %
(7) Usually not less than 40 %
7 Required Bid Capacity The bidding capacity of the bidder should be equal to or more than the NRs
(2a)

For Single Entity : Must meet requirement


For joint Venture : All partners combined Must meet requirements, Each
partner Must meet (3a) of the requirement, One partner must meet (4a) of the
requirements.
Documents Submission Requirements : Form FIN - 4, 5
SN Sub-Criteria Description

7 Required Bid Capacity Note:


(2a) Equal to Engineer's Estimate( without VAT and Contingencies but
including Provision Sum )in round figure
(3a) Usually not less than 25 %
(4a) Usually not less than 40 %

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