Ministry Of Petroleum And Natural Gas Tender

The bidder shall have successfully completed a single contract involving laying, installation, and testing of buried hydrocarbon steel pipeline of minimum length of 0.4 km of diameter 4” and above in the last 7 years. The completion certificates should have details like work order no., Date, Work order Value, Executed Value, brief scope of work, completion date etc. No specific value or percentage of similar works completed is mentioned. However, the average annual financial turnover during the last three years should be at least 30% of the annualized estimated cost, which is Rs. 33.96 Lacs. The bidder must submit proof of work experience, including a purchase order or contract, work completion certificate, and other documentary evidence. Jobs executed for a subsidiary, fellow subsidiary, or holding company can be considered as experience, provided the bidder submits tax-paid invoices certified by a statutory auditor, along with other required documents. Detailed monetary values for similar works completed are not mentioned, except for the average annual financial turnover and the net worth of the bidder, which should be positive, and the minimum working capital required is Rs. 11.32 Lacs.