NBCC India Limited Tender

The required prior work experience for the bidder includes having a minimum experience of "Residential/Non-Residential Building works of any no. of storeys" with a value of at least Rs. 1000 Cr. The bidder's proportionate experience to the extent of its share in the JV/consortium or work done by them shall only be allowed on submitting the valid proof of their share/ work done. The value of executed works shall include the value of any materials or services supplied by the client/employer free of cost or on discounted price to the contractor. The value of executed works shall be brought to the current level by enhancing the actual value of work done at a simple rate of 7% per annum. In terms of specific values and percentages of similar works completed, the bidder needs to provide details such as the Final/Approved Value of Contract, Cost of items supplied by the employer free of cost, and Cost of Work on completion, including cost of supplies free of cost or at fixed rate by the employer. The bidder should also have earned profit in at least one year in the available last three consecutive balance sheets, and the Average annual Audited financial turnover for the last 3 years shall be at least 40% of the estimated cost put to tender. The Audited Net Worth of the company/firm as on the last day of the preceding Financial Year should be positive, minimum 10% of the Estimated Cost put to tender. The Bank Solvency Certificate should be for at least 40% of the Estimated Cost of the Project put to tender. The required prior work experience for the bidder includes submission of completion/experience certificates for similar works completed, with details such as the type of work, name of the client, date of start, date of completion, and final/approved value of the contract. The value of annual turnover figures shall be brought to the current value by enhancing the actual turnover figures at a simple rate of 7% per annum. The bidder needs to submit certificates for similar works, with details such as Final/Approved Value of Contract (excl. items supplied free of cost by the employer) ('X'), Cost of items supplied by the employer free of cost (or at fixed cost) ('Y'), and Cost of Work on completion, including cost of supplies free of cost or at fixed rate by the employer (X+Y). In case of works executed in Joint Venture (JV), the bidder needs to submit details of the JV, including the name of the work, name of the client, name of the JV member, bidder's share percentage in the JV, and the type of work. The bidder is also required to submit financial details, including the turnover for the last three financial years. The required prior work experience is related to "Additional Qualifying Criteria" and details of work experience are to be provided. For companies/firms less than 3 years old, the average annual financial turnover shall be worked out for the available period only. The conversion rate of currency into INR shall be the daily representative exchange rate published by the IMF as on 7 days prior to the last date of submission of tender, including extension(s) given if any. The bidder needs to submit a completion/experience certificate issued by the owner, duly signed and stamped, along with an affidavit for the correctness of the completion/experience certificates, in case the work experience is for work executed outside India. The bidder needs to provide Work Experience Certificates consisting of details as mentioned in Form-G, and a performa for details of Client organization in respect of work experience certificates is required, as per Form-J of GCC. The specific values and percentages of similar works completed are: - Rs. 1000 Cr as the minimum value of similar works - 40% of the estimated cost put to tender as the minimum average annual audited financial turnover for the last 3 years - 10% of the Estimated Cost put to tender as the minimum Audited Net Worth of the company/firm - 40% of the Estimated Cost of the Project put to tender as the minimum Bank Solvency Certificate - 7% per annum as the simple rate for enhancing the actual value of work done and the actual turnover figures.