Indian Council Of Medical Research Tender

The required prior work experience for the bidder includes: - 5 years of experience for the same or similar services. - The bidder should have executed at least one service contract of value not less than Rs. One Crore per annum in the last three years. - The bidder must have successfully executed/completed similar services over the last three years with the following conditions: 1. Three similar completed services costing not less than 40% of the estimated cost. 2. Two similar completed services costing not less than 50% of the estimated cost. 3. One similar completed service costing not less than 80% of the estimated cost. Given the estimated bid value is 42525600, the amounts for the conditions can be calculated as: 1. 40% of 42525600: 17010240 2. 50% of 42525600: 21262800 3. 80% of 42525600: 34020480 Additionally, the bidder should have a minimum average annual turnover of 212 Lakh. Startups and MSEs are exempt from the experience and turnover criteria.