Corporation Of Chennai Tender

The required prior work experience for the bidder is as follows: - For works valued up to 2 Crore: One B.E Degree holder (or) One Diploma holder in Civil Engineering with Five years experience in similar works. - For works valued above 2 Crore upto 10 Crore: One B.E Degree holder in Civil Engineering with One year experience in similar works and One Diploma Holder in Civil Engineering with Five years experience in similar works. - For works valued above 10 Crore upto 50 Crore: One B.E Degree holder in Civil Engineering with One year experience in similar works and Two Diploma Holder in Civil Engineering with Five years experience in similar works. The bidder should have experience in similar BT Road works and should have executed at least one work not less than 50% of the value put to tender, which is Rs.233.00 lakhs. The bidder should have achieved an annual turnover of not less than 75% of the package value, which is Rs.349.50 Lakh. Additionally, the minimum required annual value of work for the successful Bidder in any of the last five years shall be 75% of the tender value of Rs.233.00 lakh. The bidder should also have a minimum amount of liquid assets and/or credit facilities net of other contractual commitments of 10% of the tender work value of Rs.46.60 lakh.