Municipal Corporation Tender

The bidder should have completed at least one of the following similar works: 1. One similar work costing not less than 80% of the Estimated Cost, 2. Two similar works costing not less than 50% of the Estimated Cost, 3. Three similar works costing not less than 40% of the Estimated Cost, with good quality and workmanship in the last 7 years. The estimated cost is Rs.5,79,86,414.13. For the first condition, the bidder needs to complete a work costing at least 80% of Rs.5,79,86,414.13, which is Rs.4,63,89,131.05. For the second condition, the bidder needs to complete two works, each costing at least 50% of Rs.5,79,86,414.13, which is Rs.2,89,93,207.07 per work. For the third condition, the bidder needs to complete three works, each costing at least 40% of Rs.5,79,86,414.13, which is Rs.2,31,94,565.65 per work. The value of the similar work completed can be enhanced using an escalation factor to bring it to the current financial year's level. For example, if a bidder completed a work of Rs. 1.00 crore in the financial year 2020-2021, the bidder can use the escalation factor of 1.46, making the value of the work done Rs. 1.46 crore. For private works, only 50% of the value of the work done will be considered, and the bidder must submit a TDS certificate for such private work experience. The bidder should also have an average annual turnover in the last three financial years of more than 30% of the Estimated Cost, which is 30% of Rs.5,79,86,414.13, equal to Rs.1,73,95,924.24.