Indian Institute Of Management Tender

The required prior work experience for the bidder includes having successfully executed or completed similar services over the last three years, with specific conditions as follows: 1. Three similar completed services costing not less than 12000000, which is 40% of the estimated cost. 2. Two similar completed services costing not less than 15000000, which is 50% of the estimated cost. 3. One similar completed service costing not less than 24000000, which is 80% of the estimated cost. Additionally, the bidder is required to have 7 years of past experience in providing similar type of services, with a minimum average annual turnover of 1000 Lakh for 3 years. The bidder must also upload copies of relevant contracts/orders to support having provided services during each of the financial years. For bidders with 0 to 3 years of experience, no specific information is available on the value and percentage of similar works completed.