NBCC India Limited Tender

The required prior work experience for the bidder includes having successfully completed "similar works" during the last 07 years. The specific requirements are: - Three similar works each costing not less than 40% of the estimated cost put to tender or Rs. 400 crore, whichever is less; - OR two similar works each costing not less than 50% of the estimated cost put to tender or Rs. 500 crore, whichever is less; - OR one similar work costing not less than 80% of the estimated cost put to tender or Rs. 800 crore, whichever is less. The similar works are defined as "Construction /Renovation of FIFA Standard Natural Football Grounds". In case of projects having ECPT above Rs. 1000 Cr., the minimum eligibility criteria for similar work experience is defined by considering ECPT as Rs. 1000 Cr. The past experience in similar nature of work should be supported by Certificates issued by the client’s organization. In case the work experience is of Private sector, the completion certificate shall be supported with copies of Letter of Award and copies of Corresponding TDS Certificates. The value of work will be considered equivalent to the amount of TDS Certificates. The value of executed works shall include the value of any materials or services supplied by the client/employer free of cost or at a discounted price. The value of executed works shall be brought to the current level by enhancing the actual value of work done at a simple rate of 7% per annum. Figures of turnover of 2020-21 shall be enhanced by 14 %. Additionally, the bidder should have at least earned a profit in a minimum of one year in the available last three consecutive balance sheets. The Average annual financial turnover (after enhancement) for the last 3 years shall be at least 40% of the estimated cost put to tender. The Audited Net Worth of the company/firm as on the last day of the preceding (or last audited) Financial Year, should be a minimum of 10% of the Estimated Cost put to Tender. The Bank Solvency Certificate should be for at least 40% of the Estimated Cost of the Project put to tender.