Municipal Corporation Tender

The required prior work experience for the bidder includes completing works of similar type and magnitude during the last 7 years, specifically SITC of Street Lighting Poles or SITC of Highmast system. The experience requirements are as follows: - One similar work order completed with a cost of not less than Rs. 2.40 Cr (80% of the tender value) - Two similar work orders completed with a cost of not less than Rs. 1.50 Cr (50% of the tender value) - Three similar work orders completed with a cost of not less than Rs. 1.20 Cr (40% of the tender value) The value and percentage of similar works completed are mentioned as: - 80% of the tender value, which is Rs. 2.40 Cr - 50% of the tender value, which is Rs. 1.50 Cr - 40% of the tender value, which is Rs. 1.20 Cr Additionally, the bidder should have a Solvency Certificate of an amount of at least 20% of the estimated cost of the tender, which is Rs. 0.40 Crores (20% of Rs. 2.00 Crores) or Rs. 60.00 Lac.