Airports Authority Of India Tender

The required prior work experience for the bidder includes completion of similar works during the last seven years. The bidder should have completed works of certain values, specifically: - Three works of value Rs. 20560664/- (excluding GST) each, - Two works of value Rs. 25700830/- (excluding GST) each, or - One work of value Rs. 41121328/- (excluding GST). The similar works should be of a similar nature, specifically "Supply Installation Testing and Commissioning of Sub-Station Equipments like DG Sets, Transformers, HT Panel, LT Panel, and Cables etc." For substantial completion, the completion value should be equal to or more than 80% of the award value of works completed under the contract. The value of executed works shall be brought to current costing level by enhancing the actual value of work at a simple rate of 7% per annum. No specific percentage of similar works is mentioned, but the bidder needs to demonstrate a certain level of financial capability, including an annualized average financial turnover equivalent to Indian Rs. 15420498/- (Excl.GST) during the last three years, and a Net Worth Certificate of amount Rs.7710249/- (Excl.GST).