NBCC India Limited Tender

The required prior work experience for the bidder includes having successfully completed similar works during the last 7 years, specifically providing Security Services for Office Complex(s)/Non-Residential Building(s)/shopping mall(s). The similar works can be quantified as follows: - Three similar works each costing not less than 40% of the estimated cost put to tender; - Two similar works each costing not less than 50% of the estimated cost put to tender; - One similar work costing not less than 80% of the estimated cost put to tender. 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. Additionally, the bidder's experience will be evaluated with maximum marks of 40, where 60% marks will be awarded for fulfilling the minimum eligibility criteria, and 100% marks for twice the minimum eligibility criteria or more, with pro-rata basis for in-between cases. The Average annual Audited financial turnover for the last 3 years should be at least 40% of the estimated cost put to tender, and the Audited Net Worth of the company/firm as on the last day of the preceding financial year should be a minimum of 10% of the Estimated Cost put to tender.