Deendayal Port Trust Tender

The required prior work experience for the bidder is related to the completion of similar works during the last 7 years. The bidder should have experience of having successfully completed similar works, which can be either three similar completed works, each work costing not less than ₹312.88 lakhs (excluding GST), or two similar completed works, each work costing not less than ₹391.11 lakhs (excluding GST), or one similar completed work costing not less than ₹625.77 lakhs (excluding GST). The lead partner of a Joint Venture (JV) should have executed at least one similar work costing ₹312.88 Lakhs (excluding GST). The experience of the members of the JV can be merged to evaluate the experience, but the value of the works executed by the members cannot be merged to qualify for eligible works in terms of similar completed works. No specific percentage of similar works completed is mentioned. However, the bidder's available bid capacity is calculated based on their past experience, with a formula that takes into account the maximum value of works executed in any one year during the last seven years and the value of existing commitments and ongoing works. The assessed available bid capacity is calculated as A X N X 2 – B, where A is the maximum value of works executed in any one year, N is the number of years prescribed for completion of the subject contract, and B is the value of existing commitments and ongoing works. The total value of completed similar work during the last 7 years should be provided, but no specific amount or percentage can be extracted from the given information regarding the table that shows the total value of completed similar work for each year.