Corporation Of Chennai Tender

The required prior work experience for the bidder includes experience in civil engineering works such as Storm water drain works, Canal works, and Ponds works. They should have executed at least one work not less than 80% of the value put in tender under a single agreement in any one of the preceding five years. The value for this is 80% of the Package value, which is Rs. 407.46 Lakhs. Additionally, the bidder should have achieved a minimum annual financial turnover in civil engineering construction work of 1.5 times the value of the project being bid, which is Rs. 763.98 Lakhs (150% of the package value). This turnover should be calculated as total certified payments received for contracts in progress or completed, in at least two financial years in the last five years. There is no specific information on the percentage of similar works completed. However, the bidder should have executed at least one work not less than 80% of the value put in tender, which is Rs. 407.46 Lakhs. The bidder should also have access to liquid assets, unencumbered real assets, lines of credit, and other financial resources sufficient to meet the projected construction cash flow requirements, which is estimated to be 50% of the total value of the project, amounting to Rs.254.66 Lakhs. Specific roles' experience requirements are: - Senior Engineer: 5 years of experience with BE Civil qualification - Site Engineer: 2 years of experience with BE Civil qualification The value of 1.5 times of the Package value is Rs.763.98 Lakhs, and 80% of the Package value is Rs.407.46 Lakhs. The projected construction cash flow requirements are 50% of the total value of the project, amounting to Rs.254.66 Lakhs.