Indian Oil Corporation Limited Tender

The required prior work experience for the bidder includes executing similar nature of work, defined as Metallic Roof Sheet/ Cladding of shed or structural steel shed work along with metallic roof sheet/ cladding. The bidder should have completed works with values such as: - Three completed works each costing not less than ₹ 77.02 Lakhs - Two completed works each costing not less than ₹ 102.69 Lakhs - One completed work costing not less than ₹ 128.36 Lakhs. These values are inclusive of service tax/GST. No specific percentage of similar works completed is mentioned. However, for sub-contractors, the total value of sub-contract should be compared to the total value of the proposed sub-contract, and the percentage of the total value of sub-contract to the total value of the proposed sub-contract should be specified. The proposed sub-contractor should also have successfully executed similar work in the last 7 years, with particulars of each work and the total value of each such work. The highest value of any such work should not exceed 80% of the total value of the proposed sub-contract. Additionally, the work experience value submitted by the bidder shall be annualized if the tendered job is an ARC / AMC of one-year or more duration. The required prior work experience for the bidder is based on the annualized value of works per contract, including GST, for ARC jobs of one-year or more duration. In another context, the required prior work experience for the bidder is 2 years of experience for a qualified engineer or Diploma holder. No specific information is mentioned about the value and percentage of similar works completed.