UP Jal Nigam Tender

The required prior work experience for the bidder includes successfully completing similar works during the last ten years, satisfying one of the following conditions: - Three similar works, each costing not less than 30% of the estimated cost of the work put to bid. - Two similar works, each costing not less than 40% of the estimated cost of the work put to bid. - One similar work costing not less than 60% of the estimated cost of the work put to bid. At least one completed work of similar nature should have been executed with a Central/State Government Organisation, costing not less than 30% of the estimated cost put to tender. The remaining work experience can be with reputed private organizations. The value of executed works/turnover shall be brought to the current cost level by enhancing the actual value at the rate of 7% per annum at a simple rate, using escalation/enhance factors such as 1.00 for 2022-2023, 1.07 for 2021-2022, 1.14 for 2020-2021, 1.21 for 2019-2020, and 1.28 for 2018-2019. The bidder's available bid capacity shall be more than the total estimated cost of the work for which the tender is invited, and shall be assessed using the formula: Assessed Available Bid Capacity = 2 x A x N – B, where A is the maximum turnover during the last five financial years, N is the stipulated period of execution of the work, and B is the value of existing commitments to be completed during the execution period of the bid. The percentages of similar works completed mentioned are 30%, 40%, and 60% of the estimated cost of the work put to bid. The amounts are not explicitly mentioned but are related to the estimated cost of the work put to bid.