Mumbai Metro Rail Corporation Limited Tender

The required prior work experience for the bidder is that they should have experience of having successfully completed similar works, with at least one similar work of value of Rs. 1.50 Crores or more, during the last 7 years. Similar work means any civil construction work for Government/Semi-Government organization, etc. The average annual turnover from works of any last three financial years should be at least 30% of the estimated cost, which is Rs. 5,98,00,000/-. This implies that the average annual turnover should be at least 30% of Rs. 5,98,00,000/-, i.e., Rs. 1,79,40,000/-. Relaxation may be given to Micro & Small Enterprises (MSEs) registered as manufacturer with relevant NIC code in Udhyam Registration & Start-up enterprises registered with DPIIT from work experience & turnover requirements. The required net worth certificate for financial year 2023-2024 should be of minimum 30% of the estimated cost, and the solvency certificate of the contractor’s financial stability should be 40% of the estimated cost put to tender, which is Rs. 5,98,00,000/-. This implies that the net worth certificate should be at least Rs. 1,79,40,000/- and the solvency certificate should be at least Rs. 2,39,20,000/-.