Indian Institute Of Technology Tender

The required prior work experience for the bidder can be demonstrated through one of the following ways: (i) One similar work of value not less than Rs. 2,67,86,572/- having SITC work of individual transformer of capacity 800 KVA and above. (ii) Two similar works each of value not less than Rs. 2,00,89,929/- having SITC work of individual transformer of capacity 800 KVA and above. (iii) Three similar works each of value not less than Rs. 1,33,93,286/- having SITC work of individual transformer of capacity 800 KVA and above. Additionally, the bidder should have satisfactorily completed similar works during the last Seven years ending last day of the month previous to the one in which tenders are invited. For Construction of RCC/Masonry trench, the experience can be demonstrated through: - At least One similar work of value not less than Rs. 41,34,987/- - At least Two similar works each of value not less than Rs. 31,01,240/- - At least Three similar works each of value not less than Rs 20,67,494/- A percentage of 15% on cost of materials and labour is mentioned to cover all overheads and profits. No specific percentage of similar works completed is mentioned, but the values of executed work shall be brought to the current costing level by enhancing the actual value of work at a simple rate of interest of 7% per annum, calculated from the date of completion to the last date of submission of the bid.