Research Designs And Standards Organisation Tender

The required prior work experience for the bidder is not explicitly mentioned in terms of years or specific duration. However, the bidder must have successfully completed a work similar in nature to the tendered work. The value of the similar work completed will be considered, including the Payment for Adjustment of Price Variation (PVC) amount, if paid. In case of substantially completed work, the total gross amount already paid, including the PVC amount, as mentioned in the certificate, shall be considered as the cost of substantially completed work. It is mentioned that in case of substantially completed work, payment equal to or more than 90% of the present contract value (excluding the payment made for adjustment of Price variation (PVC), if any) has been made to the contractor in that ongoing contract. The subcontractor shall have successfully completed at least one work similar to the work proposed for subcontract in the last 5 years, with a value of not less than 35% of the value of the work to be subletted. However, for subletting of work costing up to Rs 50 lakh, no previous work experience is required. The tenderer is required to submit details of works completed during the previous seven years. The information provided does not specify the exact amount or percentage of similar works that must be completed to be eligible, but it emphasizes the tenderer's ability to provide detailed documentation of their previous and ongoing works.