Odisha Lift Irrigation Corporation Limited Tender

The required prior work experience for the bidder includes completion of similar work, with specific values and percentages mentioned. For a single prime contractor, the similar work should be of value not less than Rs. 321.00 Lakhs, which is 40% of the proposed contract value. In case of a joint venture, the bidder or its identified sub-contractor should have satisfactorily completed similar work of value not less than Rs. 128.00 Lakhs for drilling of deep bore wells, and not less than Rs. 192.00 Lakhs for electrical works. The bidder should have executed minimum quantities of similar major items of work, such as drilling, energisation, and commissioning, with a qualifying quantity of 40% of the estimated annual quantity of execution. Additionally, the bidder should have a minimum working capital requirement of 20% of the amount put to tender, which is Rs. 160.00 Lakhs. The bidder should also have sufficient work experience in Bore Well scheme/machinery and equipment required for execution of the work. A weightage of 10% per year shall be given on the cost of satisfactory completed works of previous years to bring them to the current price level. The bidder should have satisfactorily completed similar work (not less than 80% of the original contract value) in the last five years.