Irrigation And Waterways Department Tender

The bid capacity required in the given tender to bid having value and formulas are as follows: 1. Average of Gross Annual Turnover of the bidder except for Consortiums and Joint Ventures for any three FYs within immediate preceding five FY on the date of publishing of e-NIT should be at least - Rs. 49,87,125.00 (30% of the Amount put to Tender) for single bidder. - Rs. 1,49,61,375.00 (90% of the Amount put to Tender) for Consortiums or Joint Ventures. 2. Bidder’s Net worth in any three preceding financial years within the zone of preceding five financial years should be positive. 3. The bidder must have satisfactorily completed at least 1 (one) work of ‘similar in nature’ under Government Sector within last five FYs on the date of publication of this e-NIT of Gross monitory value of - Rs. 52,88,941.00 (30% of the Amount put to Tender) for single bidder. - Rs. 99,74,250.00 (60% of the Amount put to Tender) for Consortium/JV. Formulas: - For Individual Bidders: Average Gross Annual Turnover ≥ 0.30 * Amount put to Tender - For Consortiums or Joint Ventures: Average Gross Annual Turnover ≥ 0.90 * Amount put to Tender - Net Worth > 0 in any three preceding financial years. - 30% of the Amount put to Tender for individual bidders - 90% of the Amount put to Tender for Consortiums or Joint Ventures - 30% of the Amount put to Tender for similar work completion value.