National Highways And Infrastructure Development Corporation Limited Tender

The required prior work experience for the bidder involves having successfully executed similar nature of work with specific value requirements. The bidder should have experience of at least one single work/project of a value of not less than Rs. 140.84 Lakh, or two works/projects, each of a value of not less than Rs 84.50 Lakh, or three works/projects, each of a value of not less than Rs 56.33 Lakh. The value and percentage of similar works completed are not explicitly stated, but the bidder should provide details of their average annual turnover and liquid assets, meeting at least 80% of the financial position requirement. Additionally, the bidder should provide a certificate from their banker indicating various fund-based/non-fund-based limits sanctioned to the bidder and the extent of utilization as on date. For joint ventures, the lead partner should meet not less than 50% of the technical experience criteria, and each of the other partners should meet not less than 25% of the technical experience criteria. The bidder should also provide information on their current contract commitments, including the value and percentage of similar works completed, but the exact details are not specified.