NBCC India Limited Tender

The required prior work experience for the bidder includes a minimum of similar works, defined as "Residential/Non-Residential Building works of any no. of storeys", with a value of at least Rs. 1000 Cr. The bidder should have completed similar works with a value of at least Rs. 1000 Cr. The proportionate experience of the bidder in a joint venture (JV)/consortium shall be considered to the extent of its share in the JV/consortium or work done by them. The value of similar works completed is considered based on the final/approved value of the contract, excluding items supplied free of cost by the employer ('X'), and the cost of items supplied by the employer free of cost or at fixed cost ('Y'). The total value of the work on completion, including the cost of supplies free of cost or at fixed rate by the employer, is represented as ('X+Y'). The bidder needs to submit certificates of similar work experience, including details such as the date and number of the completion certificate, final/approved value of the contract ('X'), cost of items supplied by the employer free of cost or at fixed cost ('Y'), and the total value of the work on completion ('X+Y'). The required prior work experience for the bidder includes details of similar works executed, with information on the type of work (Residential/Non-Residential), name of work and location, name of client, date of start, date of completion, and final/approved value of the contract. The bidder needs to provide details of at least 3 similar works, including the cost of work on completion, including cost of supplies free of cost or at fixed rates ('X' + 'Y'). No specific percentage of similar works completed is mentioned. However, the average annual audited financial turnover for the last 3 years should 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, with a minimum of 10% of the estimated cost put to tender. A Bank Solvency Certificate for at least 40% of the estimated cost of the project put to tender is also required, unless the estimated cost is up to Rs. 25 Crore. 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. The turnover figures are enhanced at a simple rate of 7% per annum to bring them to the current value. The bidder's prior work experience is considered based on the work done by them, and the experience of their subsidiary company can be used to the extent of their ownership in the subsidiary company. For joint ventures or consortiums, the proportionate experience to the extent of their share in the JV/consortium or work done by them is allowed. The percentage mentioned is the bidder's share percentage in the joint venture. The amount mentioned is Rs. 1000 Cr and Rs. 25 Crore. The percentage mentioned is 40% and 10% and 7%.