Indian Oil Corporation Limited Tender

The required prior work experience for the bidder includes the successful completion of construction of any or a combination of Buildings, Roads, Driveway, Boundary Wall, Steel Structure, Retaining wall, Petroleum or Gas Installations, or Retail outlets. The value of completed work for evaluation shall be considered as under: a) Three similar completed works each costing not less than the amount equal to 30% of the estimated cost- Rs. 69.89 Lakhs OR b) Two similar completed works each costing not less than the amount equal to 40% of the estimated cost-Rs. 93.19 Lakhs OR c) One similar completed work costing not less than the amount equal to 50% of the estimated cost Rs. 116.48 Lakhs The experience of bidding entity only will be considered, and for fulfilling the experience criteria against work order(s), the bidder must submit valid proof, including copies of contract documents and completion certificates issued by the client. The work experience should be within the last seven years ending last day of month previous to the original end date of bid submission, i.e., 31.03.2025. The executed value of completed work submitted by the bidder shall be considered during evaluation for experience criteria. If the executed value of the job is more than the work order value and the bidder claims to meet the PQC requirement on the basis of executed value, then the bidder must submit documentary evidence of the final executed value. In case of foreign currency transactions, the value shall be converted to equivalent INR considering the conversion rate as on the date of issue of the reference order(s) based on SBI TT selling rate. For evaluation, the amount towards supply and installation shall be considered for qualifying the bidder in PQC towards experience criteria if the bidder has submitted a composite work order and the AMC/CAMC/PWAMC/O&M is going on after the supply and installation part is completed by the Contractor as per the completion certificate. No specific percentage of similar works completed is mentioned, but it is stated that completed similar work(s) should be completed in all respects and a final bill/completion certificate should be submitted as proof. Works in progress or incomplete works will not be considered for qualifying purposes, even if the value of work completed meets the requirement. The value of similar work is considered based on the work order value or the executed value, whichever is applicable. The bidder must submit valid proof for meeting the criteria, including copies of contract documents, completion certificates, and other relevant documents. The bidder should have completed similar work(s) in all respects, and the final bill/completion certificate should be submitted as proof. The bidder is required to have prior work experience as a main contractor or sub-contractor in similar works completed during the last seven years. The similar work experience includes work such as Sales Building, Canopy, Paver block driveway, and other allied civil and electrical works. The bidder needs to provide details of their previous work experience, including: - Description of Work/Purchase/Services - Name of Client with Address - Contact Person & Contact detail of End client - E-mail id of End Client - WO/PO Ref No / Date / Amount - Schedule of Rates/ Scope of Works Document - Completion Certificate Ref No / Date / Amount/Actual Executed Amount of Work - Date of Actual Completion as per Completion Certificate - TDS Certificate/Bank Statement for proof of payment - CA certificate for executed work The bidder can provide up to three work orders (1st Work Order, 2nd Work Order, 3rd Work Order) as part of their prior work experience.