Uttar Pradesh Housing And Development Board Tender

The required prior work experience for the bidder is not explicitly stated in terms of years, but rather in terms of the value and nature of similar works completed. To qualify for the award of the contract, each bidder should have: * Achieved a minimum financial turnover of at least the estimated cost of works (excluding maintenance cost for five years) in any one year in the last five years, with an indexation rate of 8 percent per year. * Satisfactorily completed, as prime contractor, at least one similar work equal in value to one-third of the estimated cost of work (excluding maintenance cost for five years). The estimated cost of the work is Rs. 562.90 Lacs, so the bidder should have: * Completed a similar work of at least one-third of the estimated cost, which is Rs. 187.63 Lacs. * Had a minimum financial turnover of Rs. 562.90 Lacs in any one year in the last five years. Additionally, the bidder is required to have experience in works of a similar nature and size for each of the last five years, and must provide details of works in progress or contractually committed. The bidder is allowed to subcontract components of the works, but only up to 25% of the contract price.