Hindu Religious Institutions And Charitable Endowments Tender

The required prior work experience for the bidder includes having completed at least one "MARRIAGE HALL" work of similar nature with value under a "Single agreement" in any one of the preceding Five years. Alternatively, the bidder should have completed at least TWO "MARRIAGE HALL" works in two agreements of similar nature with value of each work in anyone of the preceding Five years. The bidder should have satisfactorily completed at least one work of similar nature with a value of not less than Rs.318.50 Lakhs at 2024-2025 price level in a single agreement in any one of the preceding 5 years. Alternatively, the bidder should have completed two works in two agreements of similar nature with a value of not less than Rs.159.25 Lakhs each in any one of the preceding 5 years. The required prior work experience details include name of work, location of the work, name of employer, awarded value of work, completed value of work, and period of completion. No specific percentage of similar works completed is mentioned. However, the value of the works completed is specified, with amounts such as Rs.318.50 Lakhs and Rs.159.25 Lakhs. Additionally, the annual turnover of the applicant should not be less than 637 lakhs during any one of the preceding 5 years. Liquidated damages will be imposed if the contractor fails to complete the works within the stipulated period, with a penalty of 0.1% of the contract value per calendar day or part thereof, subject to a maximum of 10% of the contract value. Milestone-based penalties are also specified, with amounts ranging from Rs. 5408 to Rs. 13522 per day.