Corporation Of Chennai Tender

The required prior work experience for the bidder includes: - Three similar completed works costing not less than 40% of the estimated cost (3 works x minimum value of Rs. 104.9 Lakhs, excluding GST) - Two similar completed works costing not less than 50% of the estimated cost (2 works x minimum value of Rs. 131.12 Lakhs, excluding GST) - One similar completed work costing not less than 80% of the estimated cost (1 work x minimum value of Rs. 209.8 Lakhs, excluding GST) These similar works should have been completed for the Government of India, State Government Department, Government undertaking in India, Local Bodies, or Public Sector during the last five years ending August 31st, 2024. The estimated cost is around Rs. 2,62,25,713.49, and the percentages mentioned are 40%, 50%, and 80% of this value. The corresponding values are Rs. 104.9 Lakhs (40%), Rs. 131.12 Lakhs (50%), and Rs. 209.8 Lakhs (80%). Additionally, the bidder should have an average annual financial turnover of at least 50% of the estimated cost (Rs. 131.12 Lakhs) and a total turnover for the last five years of at least Rs. 655.62 Lakhs. The bidder should also have a minimum annual turnover of 1.50 times the value of the work in any one of the last five years.