Municipal Corporation Of Greater Mumbai Tender

The required prior work experience for the bidder includes construction/repairs of Asphalt/ Concrete roads. The bidder should have achieved an average annual financial turnover of 30% of the estimated cost of work in the last five financial years, with a 10% enhancement every year. The bidder's experience should include successfully completing at least one contract of similar works during the last seven years. However, specific values like the amount and percentage of similar works completed are not explicitly mentioned. The bidder's bid capacity will be calculated based on the maximum value of civil engineering works executed in any one year during the last five years, updated to the current price level. The bidder should also have available liquid assets of at least 15% of the cost of the work tendered for. Additionally, the required prior work experience varies depending on the designation and qualification, such as 20 years for a Project Manager, 12 years for a Deputy Project Manager, 5 or 10 years for a Project/Site Engineer, and so on. No specific percentage of similar works completed is mentioned, but the bidder should have completed at least one contract of similar works during the last seven years, with access to at least 15% of the cost of the work tendered for.