Indian Air Force Tender

The required prior work experience for the bidder is 3 years, during which they should have regularly manufactured and supplied same or similar category products to any Central/State Govt Organization/PSU. The bidder needs to submit copies of relevant contracts to support having supplied some quantity during each of the years. The value and percentage of similar works completed is mentioned as 50% for 'Past Performance'. The detailed monetary values mentioned are: - Minimum Average Annual Turnover of the bidder: 83 Lakh - OEM Average Turnover: 500 Lakh However, these values are related to the turnover criteria, but not directly to the prior work experience. Additionally, there are exemptions for MSE (Micro, Small, and Medium Enterprises) and startups regarding years of experience and turnover, subject to meeting of quality and technical specifications. It is also mentioned that a penalty of 0.5% of the Unit Price of the product shall be charged for each week of delay in completing the required service or rectification during the warranty period, with a cumulative penalty not exceeding 10% of the total contract value. But the specific value of the contract is not explicitly mentioned.