Water Corporation Of Odisha Tender

The required prior work experience for the bidder includes a list of similar works executed during the last 5 years, with details such as name of the work/location, agreement number and date, name of the employer, value of contract price, total value of work executed, and financial year-wise computed amount. The total number of years of experience in construction work is also required. Additionally, the bidder must provide information on the approximate value of existing commitments and ongoing works, with details such as description of work, place, name of employer, contract number, contract value, stipulated period of completion, and balance value of work to be executed. The bid capacity calculation is also a crucial aspect, which includes the maximum value of works executed in any one year during the last five years (updated to the current price level), the value of current price level of the existing commitments and ongoing works to be completed during the next years, and the number of years prescribed for completion of the works for which the bids are invited. However, specific values and percentages of similar works completed are not mentioned. The bidder's available bid capacity is calculated using the formula: Assessed Available Bid Capacity = (A*N*2-B), where A is the maximum value of works executed in any one year, B is the value of current price level of the existing commitments and ongoing works, and N is the number of years prescribed for completion of the works. No specific amount and percentage of similar works completed are explicitly stated in the provided information.