Indian Oil Corporation Limited Tender

The required prior work experience for the bidder includes: - Three similar completed works each costing not less than Rs. 70.19 Lakh - Two similar completed works each costing not less than Rs. 93.59 Lakh - One similar completed work costing not less than Rs. 116.98 Lakh The experience criteria are based on work completed by the bidder as a main contractor or sub-contractor during the last seven years. The values mentioned are inclusive of service tax/GST. For works done as a sub-contractor, a certificate from the end user/owner/consultant is required. For works done as a leader/member of a Joint Venture/Consortium/Joint Bidder, the work value shall be worked out as per the percentage share of the bidder in the agreement. In case of rate contracts and term-service contracts with more than one year duration, the experience criteria shall be based on the annualized value of works per contract, including GST. No specific information is provided on the percentage of similar works completed.