Postgraduate Institute Of Medical And Education And Research Tender

The bidder should have prior work experience in similar works, including: - For general works: Three similar works each costing not less than Rs.135.57 Lakh, or Two similar works each costing not less than Rs.203.35 Lakh, or One similar work costing not less than Rs.271.13 Lakh in the last 7 years. - For electrical works: Three similar works each costing not less than Rs. 4.29 Lakh, or Two similar works each costing not less than Rs. 6.44 Lakh, or One similar work costing not less than Rs. 8.58 Lakh in the last 7 years. - For HVAC work: Three similar works each costing not less than Rs. 1.04 Lakh, or Two similar works each costing not less than Rs. 1.55 Lakh, or One similar work costing not less than Rs. 2.07 Lakh in the last 7 years. The value of executed works shall be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum. The bidder should have an average annual financial turnover of Rs.101.68 Lakh on construction works during the last three years. No specific percentage of similar works completed is mentioned. However, the bidder needs to provide certificates of work experience as per the specified eligibility criteria, including information about their ongoing and completed works, such as contract value, date of commencement, stipulated date of completion, and percentage progress of work. The bidding capacity is calculated using the formula: Bidding Capacity = {[AxNx1.5]-B}, where A is the updated value of turnover, and B is the existing commitment.