Gujarat Council Of School Education Tender

The required prior work experience for the bidder includes having completed one similar work of RCC building Frame Structure (G+1) amounting to Rs. 111.00 Lakh. Additionally, they should have a cumulative work experience of similar works in the last five years. The bidder should also have experience in successfully completing at least one contract of Building (RCC Frame structure G+1), of at least 40 percent of the value of the proposed contract within the last five years. The value of similar works completed is mentioned as Rs. 111.00 Lakh for one similar work, and 40 percent of the value of the proposed contract for another similar work. The percentage of similar works completed is mentioned as 40 percent of the value of the proposed contract. The bidder's annual financial turnover should be Rs. 304.00 Lakh in any one year out of the last five financial years. The bidder should also have a bank solvency amounting to 20% of the estimated amount, and they should undertake to invest 25% of the amount in cash or provide a bank certificate. The maximum amount of work that can be awarded to a bidder is capped at a certain amount based on their registration class, with limits of Rs. 75 crore for "B" class, Rs. 100 crore for "A" class, and Rs. 150 crore for "AA" class, or their bid capacity, whichever is less. The bidder's available bid capacity is calculated as (A*N*2-B), where A is the maximum value of work executed in any one year, B is the value of existing commitments, and N is the number of years prescribed for completion of the works.