Public Works Building And NH Department Tender

The required prior work experience for the bidder includes having successfully 100% completed similar works during the last 7 years. The similar works should meet one of the following conditions: - Three similar works each costing not less than Rs.577.48 L (40%) of the estimated cost of the project - Two similar works each costing not less than Rs.721.85 L (50%) of the estimated cost of the project - One similar work costing not less than Rs.1154.96 L (80%) of the estimated cost of the project. The estimated cost of the project is Rs.1443.70 L. The required experience includes: - 40% of the estimated cost: Rs.577.48 L (for three similar works) - 50% of the estimated cost: Rs.721.85 L (for two similar works) - 80% of the estimated cost: Rs.1154.96 L (for one similar work) The value of executed works shall be brought to the current costing level by enhancing the actual value of work done at a simple rate of 7% per annum, calculated from the date of completion to the last date of submission of bids.