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 and 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 and 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 and 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, for work more than 40.00 Lacs & up to 50.00 Lacs, a relaxation of 1 year in experience will be given if the company is owned by a Diploma engineer, and a relaxation of 2 years in experience will be given if the company is owned by a Graduate engineer. The cumulative financial turnover during the last three consecutive years is required, with specific amounts for different categories of work, such as 1.5 times the bid value and 15%, 20%, or 25% of the bid value for different categories. The bidder should have a minimum tangible net worth of at least 25% of the bid value.