Lucknow Development Authority Tender

The required prior work experience for the bidder includes having completed similar works in the last 7 years, with specific requirements such as: - Three similar completed works, each costing not less than 40% of the estimated cost - Two similar completed works, each costing not less than 60% of the estimated cost - One similar completed work, costing not less than 80% of the estimated cost The bidder should also have experience in executing all main items of work described in the bid document, with a total value of Civil Engineering construction work performed in the last five years. The bidder should have completed works of a similar nature, with a value of at least Rs. crore, in the last five years. The value and percentage of similar works completed are not explicitly mentioned in terms of specific percentages, but the bidder is required to provide information on the value of contracts completed, the stipulated period of completion, and the actual date of completion for each contract. The cost of work is defined as the gross value of the completed work, including the cost of materials supplied by the government/client, but excluding those supplied free of cost. The bidding capacity is calculated based on the maximum turnover in construction works executed in any one year during the last five years, taking into account completed as well as works in progress, using the formula: Bidding Capacity (Rs.) = {[AxNx2]-B}, where A is the maximum turnover, N is the number of years prescribed for completion of work, and B is the value of existing commitments and ongoing works.