Public Works Building And NH Department Tender

The bidder should have experience in eligible similar nature of work during the last seven years. The experience requirements are as follows: - Three similar works each costing not less than Rs.288.74 L (40%) of the estimated cost of the project - Two similar works each costing not less than Rs.360.925 L (50%) of the estimated cost of the project - One similar work costing not less than Rs.577.48 L (80%) of the estimated cost of the project. The bidder should have satisfactorily 100% completed works under Central Govt./ State Govt. organization/ Central Public Sector Undertaking within the country as mentioned during the last 7 years. The value of executed works shall be brought to current costing level by enhancing the actual value of work done at a simple rate of 7% per annum. The bidder should have a minimum turnover of Rs.360.925 L (50% of Estimate Cost put to Tender) on construction works during the last three consecutive years ending March 2024. Similar Work means “Project Comprising Civil Constructions works of any Multistoried RCC Framed Structure above Ground level (Basement will not be counted as storey) including finishing works, water supply, drainage & sanitary installations, electrical works, Firefighting, Lifts etc. under Central Govt. The bidder should have had average annual financial turnover (gross) of Rs. 360.925 L on construction works during the last three Consecutive years ending March 2024. The bidding capacity of contractor should be equal to or more than Rs.721.85 L. The bidder should have a solvency of minimum Rs.288.74 L (40% of Estimate cost put to tender) or a Net-worth certificate of minimum Rs.72.185 L (10% of Estimate cost put to tender). The required prior work experience for the bidder includes experience in similar class of work, with specific values and percentages mentioned, such as 40%, 50%, and 80% of the estimated cost of the project, and amounts like Rs.288.74 L, Rs.360.925 L, and Rs.577.48 L.