Bridge And Roof Company India Limited Tender

The required prior work experience for the bidder involves successfully executing "Similar Works" within the last 07 years, with specific value criteria. The bidder should fulfill one of the following experience criteria: i) 03 similar completed/executed works each costing not less than Rs. 160.00 Lakhs ii) 02 similar completed/executed works each costing not less than Rs.200.00 Lakhs iii) 01 similar completed/executed work costing not less than Rs. 320.00 Lakhs For running jobs, substantial completion is based on 80% (value wise) or more works completed. The value of work executed is adjusted to the current costing level by enhancing the actual value at a simple rate of 7% per annum. The percentage of similar works completed for evaluation is 80% for running jobs. The exact percentage of similar works completed is not mentioned for completed works. The bidder should submit documents substantiating the nature and executed value of work, including a Notarized Copy of Completion Certificate along with corresponding LOI/WO or other documents. The average Annual Financial Turnover during the last 03 years should not be less than Rs.120.00 lakhs, but this relates to financial capacity rather than prior work experience.