Hindustan Steelworks Construction Limited Tender

The bidder should have prior work experience of having successfully completed similar works during the last 7 years. The similar works refer to "Residential/Non-Residential Building works of any no. of storeys". The experience can be in the form of: - Three similar works each costing not less than 40% of the estimated cost put to tender, - Two similar works each costing not less than 50% of the estimated cost put to tender, - One similar work costing not less than 80% of the estimated cost put to tender. 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 past experience in similar nature of work should be supported by certificates issued by the client’s organisation. For joint-venture/consortium with other firms/companies, only proportionate experience to the extent of its share in the JV/consortium or work done by them shall be allowed. In case of a Company/firm formed after merger and/or acquisition of other companies/firms, past work experience of the merged/acquired companies/firms will be considered for qualification.