Central Reserve Police Force Tender

The required prior work experience for the bidder includes having completed similar works in Central/State Govt during the last 07 Financial Years. The experience can be demonstrated in three ways: - One similar completed work costing not less than 80% of the estimated cost put to tender, - Two similar completed works each costing not less than 60% of the estimated cost put to tender, - Or, three similar completed works each costing not less than 40% of the estimated cost put to tender. The bidder needs to provide copies of completion certificates mentioning the amount and date of completion of work. However, in some cases, the required prior work experience is not explicitly mentioned in terms of years. Additionally, the annual average turnover and solvency requirements are also mentioned, but they are not directly related to the prior work experience. The annual average turnover during the last three years should be at least 30% of the estimated cost, and the solvency should be at least 25% of the estimated cost. In one instance, the estimated cost of the work is Rs. 2,12,72,330/-, and the solvency required is Rs. 53,18,083/-, which is 25% of the estimated cost. The bidder is required to submit audited balance sheets, P&L account, and income tax return certificates for the last 3 financial years, which may provide some information on their past work experience.