Mathura Vrindavan Development Authority Tender

The required prior work experience for the bidder varies based on the category of work. For works up to 40.00 Lacs, the tenderer should have at least four years of experience in similar works in the organized sector. For works more than 40.00 Lacs & up to 50.00 Lacs, the tenderer should have at least four years of experience in similar works in the organized sector, with two jobs of total value equal to the bid value. For works more than 50.00 Lacs & up to 150.00 Lacs, the tenderer should have at least four years of experience in similar works in the organized sector, with two jobs of total value equal to the bid value. For works more than 150.00 Lacs & up to 500.00 Lacs, the tenderer should have at least four years of experience in similar works in the organized sector, with two jobs equal to the bid value or one job of total value equal to 75% of the bid value. For works more than 500.00 Lacs, the tenderer should have at least four years of experience in similar works in the organized sector, with two works of total value equal to 75% of the bid value. Additionally, the bidder should have a cumulative turnover of at least 1.5 times the bid value for categories 1-3, and 2.0 times the bid value for category 4. The bidder should also have liquid assets of at least 15% of the bid value for category 1, 20% for category 2, and 25% for categories 3 and 4. The net worth should be at least 25% of the bid value. The values and percentages mentioned include: - Cumulative turnover: 1.5 times the bid value for categories 1-3, and 2.0 times the bid value for category 4. - Liquid assets: 15% of the bid value for category 1, 20% for category 2, and 25% for categories 3 and 4. - Net worth: 25% of the bid value. - Similar works: two jobs of total value equal to the bid value, or one job of total value equal to 75% of the bid value, or two works of total value equal to 75% of the bid value.