Airports Authority Of India Tender

The required prior work experience for the bidder includes satisfactorily completing or substantially completing three works, each of Rs. 232.40 Lakhs or two works, each of Rs. 290.50 Lakhs or one work of Rs. 464.79 lakh in single contract of similar nature of work, which includes "Experience in completion of Flexible Pavement works in Airfield, National Highways/Expressways, Harbour pavements, State Highways" during the last seven years. Substantial completion is based on 80 percent of awarded cost or more value-wise works completed under the contract. The value of executed works should be brought to the current costing level by enhancing the actual value of work at a simple rate of 7 percent per annum. The bidder should also have a minimum annual value of general construction work, with at least 50% of it being from Engineering (Civil) construction work, although the specific value is not mentioned. Additionally, the bidder should have an Average Annual Financial Turnover of Rs. 205.67 Lakh on construction works during the last three years and a minimum net worth of Rs. 87.15 Lakh. The percentage of similar works completed is 80 percent of awarded cost or more value-wise works completed under the contract. The amounts mentioned are Rs. 232.40 Lakhs, Rs. 290.50 Lakhs, and Rs. 464.79 lakh.