Police Housing Corporation Limited Tender

The required prior work experience for the bidder is experience of similar work, with a minimum of one such work. The bidder needs to provide an experience certificate in Form 3A issued by the Government to substantiate successful experience of similar work. When the employer of similar work is not a Government, the bidder must also furnish additional documents, including a self-attested copy of the work order/agreement, completion certificate, and TDS certificates for at least one similar work. No specific percentage of similar works completed is mentioned, but the bidder needs to provide details of at least one similar work. The value of similar work is not specified, but for electrical work, it should be more than Rs.50.00 Lacs. However, it does mention that the bidder should have completed a certain percentage of work, such as 10% of Contract Value, 20% of Contract Value, 40% of Contract Value, 55% of Contract Value, 80% of Contract Value, and 100% of actual cost of completed work, corresponding to different milestones and time limits. The percentages of work to be completed and the corresponding financial progress are as follows: 25% of time limit, 10% of Contract Value; 35% of time limit, 20% of Contract Value; 50% of time limit, 40% of Contract Value; 60% of time limit, 55% of Contract Value; 75% of time limit, 80% of Contract Value; 100% of time limit, 100% of actual cost of completed work. Additionally, for tenders above Rs. 7 Crore and for special work tenders (two-cover bid), as well as for separate electrical works tenders above Rs. 50.00 Lacs, the bidder must also submit an annual turnover certificate issued by a Chartered Accountant for the last five financial years. The bidder needs to have a solvency certificate of an amount equal to 25 Percent of the amount of work put to tender.