Indian Oil Corporation Limited Tender

The required prior work experience for the bidder includes completion of similar construction projects, such as Buildings, Roads, Driveway, Boundary Wall, Steel Structure, Retaining wall, or Petroleum Retail outlets, within the last 7 years. The entire executed value of the Work Order will be considered for qualification purposes. In various scenarios, the bidder can use the experience of: 1. The erstwhile proprietorship concern or partnership firm for a new entity formed after taking over. 2. The joint venture company as a sole bidder. 3. The original or parent entity for a demerged entity for 5 years from the date of incorporation of the new entity. 4. The subsidiary or foreign principals for a bidder using their credentials. No specific percentage of similar works completed is mentioned. The bidder is required to provide information regarding its experience in the performance of work of a comparable nature. The experience questionnaire asks for the type, owner, value, and year completed for these projects. However, specific values like amount are not mentioned. The bidder is only required to furnish the list of similar construction projects completed in the last 5-7 years, without specifying a particular percentage or amount.