Hindustan Steelworks Construction Limited Tender

The required prior work experience for the bidder includes details of work experience pertaining to similar works. The bidder needs to provide information about the name of work, its location, type of work, name of client, date and number of completion certificate, date of start, date of completion, final/approved value of contract, cost of items supplied by the employer, and cost of work on completion. The bidder needs to provide details of at least 5 similar works completed. However, specific values and percentages are not mentioned initially, but later it is mentioned that the bidder should have prior work experience of having successfully completed similar works during the last 7 years, with specific requirements: - Three similar works each costing not less than 40% of the estimated cost put to tender or Rs. 400 crore, whichever is less. - Alternatively, two similar works each costing not less than 50% of the estimated cost put to tender or Rs. 500 crore, whichever is less. - Or, one similar work costing not less than 80% of the estimated cost put to tender or Rs. 800 crore, whichever is less. For projects having an estimated cost above Rs. 1000 crore, the "similar works" shall mean "Residential/Non-Residential Building works of any number of storeys". The value of executed works shall be brought to the current level by enhancing the actual value of work done at a simple rate of 7% per annum. The average annual audited financial turnover (after enhancement) for the last 3 years shall be at least 40% of the estimated cost put to tender.