Indian Institute Of Technology Tender

The required prior work experience for the bidder includes having completed similar works of certain values, such as: - One work of value not less than 2, 25, 18, 229.00 - OR Two works of each value not less than 1, 40, 73, 893.00 - OR Three works of each value not less than 1, 12, 59, 114.00 in Govt. / Semi Govt. department / Autonomous Body during the last seven years. Additionally, the bidder should have an average annual turnover of not less than Rs. 84.00 lakh during the immediate last 3 consecutive audited financial years. The bidder shall have experience in execution of at least 10 nos. of 11KV VCB unit during the last seven years. No specific percentage of similar works completed is mentioned. However, a weightage of 7% per year and part thereof is given to financial turnover and values of completed works of previous years to bring them to the present price level. The bidder is also required to submit a Performance Certificate, Completion certificate along with Work Order and SOR from the client. Values like amount are mentioned, such as Rs. 2, 25, 18, 229.00, Rs.1, 40, 73, 893.00, and Rs.1, 12, 59, 114.00, but no specific percentage of similar works completed is mentioned.