Indian Oil Corporation Limited Tender

The required prior work experience for the bidder includes the completion of similar works, which are defined as the construction of any or a combination of Buildings, Roads, Driveway, Boundary Wall, Steel Structure, Retaining wall, Petroleum or Gas Installations, or Retail outlets. The bidder should have completed similar work(s) in the last seven years. The value of completed work for evaluation shall be considered as under: - Three similar completed works each costing not less than 30% of the estimated cost, which is Rs. 74.07 Lakhs. - Two similar completed works each costing not less than 40% of the estimated cost, which is Rs. 98.76 Lakhs. - One similar completed work costing not less than 50% of the estimated cost, which is Rs. 123.44 Lakhs. The experience of the bidding entity only will be considered, and they must submit valid proof for meeting the criteria, including documents such as contract documents, completion certificates, and CA certificates. Completed similar work(s) should be completed in all respects, with a final bill/completion certificate submitted as proof. Works in progress or incomplete works will not be considered for qualifying purposes. In case of work orders from private parties, a certificate from a Chartered Accountant (CA) certifying the value of work done, along with TDS certificates (where applicable) or bank statements, is required. If the executed value of the job is more than the work order value and the bidder claims to meet the Pre-Qualification Criteria (PQC) requirement based on the executed value, the bidder must submit documentary evidence of the final executed value. For evaluation, the value of completed work will be considered. The executed value of completed work submitted by the bidder will be considered during evaluation for experience criteria of PQC. In case the work orders submitted by the bidder are in multiple currencies/non-INR, the same will be converted to equivalent INR considering the conversion rate as on the date of issue of the reference order(s) based on the State Bank of India's (SBI) Telegraphic Transfer (TT) selling rate. Work carried out at multiple locations through a single purchase order will be considered as one similar work. No specific percentage of similar works completed is mentioned, but the value of work completed and the completion date of work are crucial for evaluation. The bidder should upload a copy of the work order, and the onus of submission of a suitable purchase order/work order to meet PQC shall be with the bidder. For works done as a sub-contractor, the bidder must submit a certificate of completion of work from the end user/owner/consultant and a CA certificate certifying the executed value of works along with UDIN no. In case of composite work orders, the amount towards supply and installation shall be considered for qualifying the bidder in PQC towards experience criteria after the supply and installation part is completed as per completion certificate. The required prior work experience for the bidder is not explicitly stated in terms of years of experience, but it is mentioned that information regarding experience of the tenderer in the performance of work of a comparable nature should be provided. The values and percentages mentioned are: - 30% of the estimated cost (Rs. 74.07 Lakhs) for three similar completed works - 40% of the estimated cost (Rs. 98.76 Lakhs) for two similar completed works - 50% of the estimated cost (Rs. 123.44 Lakhs) for one similar completed work - 10% and 20% of the execution value for RA bill value evaluation, with scores of 2 or 3 marks respectively.