Uttar Pradesh Small Industries Corporation Limited Tender

The required prior work experience for the bidder varies based on their qualification and the contract value. - For a Degree Holder in Civil Engineering, the experience required is at least 2 years for contract works up to Rs. 2 Crores and at least 4 years for contract works above Rs. 2 Crores. - For a Diploma Holder in Civil Engineering, the experience required is at least 2 years for contract works up to Rs. 2 Crores and at least 4 years for contract works above Rs. 2 Crores. However, there are also mentions of 1 year of experience for contract works up to Rs. 2 Crores for both Degree and Diploma holders, and 1 year of experience for contract works above Rs. 2 Crores for Degree holders, and 2 years of experience for contract works above Rs. 2 Crores for Diploma holders. The minimum prior work experience mentioned in some instances is 2 years. As for the value and percentage of similar works completed, the bidder should have satisfactorily completed, as prime Contractor, at least one similar work equal in value to one-third of the estimated cost of work for which the bid is invited. The value of similar works completed is calculated based on the maximum value of civil engineering works executed in any one year during the last five years, updated to the price level of the last year at a rate of 8 percent per year. No specific information is available on the percentage of similar works completed. However, the minimum amount of liquid assets and/or credit facilities net of other contractual commitments of the successful Bidder shall be 10% of the contract value.