Indian Oil Corporation Limited Tender

The required prior work experience for the bidder includes: - Three similar completed works each costing not less than Rs. 1,22,97,000/- - Two similar completed works each costing not less than Rs. 1,63,96,000/- - One similar completed work costing not less than Rs. 2,04,95,000/- The bidder should have successfully completed similar works, such as design, supply, installation, testing, and commissioning of Terminal Automation System (TAS) or part thereof in Petroleum Oil Installation / Terminal / Depot in India. No specific percentage of similar works completed is mentioned. However, the bidder's experience as a principal contractor and the value of completed works, inclusive of Goods & Services Tax (GST), are considered. The cumulative value of call-up work orders against Rate Contracts shall not be considered against the monetary value for similar work, and only individual call-up value shall be considered. Additionally, the bidder's turnover during any of the preceding three financial years should be at least Rs.2,45,94,000/- with GST under consideration.