Kanpur Development Authority Tender

The bidder should have appropriate experience in similar work for the last 5 years. To qualify, the bidder should have satisfactorily completed, as a prime contractor, at least one similar work equal in value to one-third of the estimated cost of work (excluding maintenance cost for five years) for which the bid is invited. The similar work refers to External Electrification work of a similar nature as the tender being asked for. In terms of value, the bidder should have completed a similar work equal in value to at least one-third of the estimated cost of the work. The bidder should have achieved a minimum financial turnover of at least the amount equal to the estimated cost of works (excluding maintenance cost for five years) in any one year during the last five years, with an indexation of 8 percent for a year. The bidder should have a minimum tangible Net Worth of at least 25% of the bid value and liquid assets of not less than 15% of the bid value. The bidder must have staff on their payroll, including at least one Graduate Engineer with a minimum of 5 years of experience in similar work and two Diploma Engineers with a minimum of 5 years of experience in similar work. The bidder should provide a list of works satisfactorily completed during the last five financial years, along with certificates clearly indicating the date of start, date of completion, and amount of work actually executed. The experience certificate should be from the Engineer In-Charge of the work, not below the rank of the Executive Engineer or equivalent rank officers, in Govt./semi Govt./Public Sector undertakings. The required prior work experience is 5 years for both Graduate and Diploma Engineers. The value of similar works completed should be at least one-third of the estimated cost of the work, and the bidder should have achieved a minimum financial turnover of at least the amount equal to the estimated cost of works in any one year during the last five years. The percentage of Net Worth is 25% of the bid value, and liquid assets should be at least 15% of the bid value.