Corporation Of Chennai Tender

The bidder should have experience in civil engineering works such as Storm water drain works, Canal works, and Pond 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 ending 31.01.2025 in State Government Department / Undertaking / Local Bodies. The 80% of the Package value is Rs.183.90 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 bided, in at least any two financial years in the last five years, with 1.5 times the Package value being Rs.344.82 Lakhs. The bidder should also have completed works with a value that can be calculated using the given weightage and formula, but specific percentage values of similar works completed are not mentioned, except that proposals for subcontracting components of the works amounting to more than 10% of the Contract Price should be provided. The required prior work experience includes having executed works similar to the one being bid on, with experience certificates for works executed in Government contracts considered. The available bid capacity for construction work should be equal to or more than the total bid value of the work. The value for the required prior work experience is mentioned as 80% of the Package value, which is Rs.183.90 Lakhs, and 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 bided, which is Rs.344.82 Lakhs. The percentage of similar works completed is 80% of the package value, and the amount is Rs.183.90 Lakhs. The bidder should also have access to or availability of liquid assets, unencumbered real assets, lines of credit, and other financial resources sufficient to meet the projected construction cash flow requirements, estimated to be 50% of the total value of the project, which is Rs.114.94 Lakhs.