Municipal Corporation Tender

The required prior work experience for the bidder includes having successfully completed similar works in the last 7 years. The bidder should have experience in similar works such as Construction of WDS / SPS/ Water Retaining Structure Work. Specific requirements include: - Three similar completed works each costing not less than 40% of the estimated cost. - Two similar completed works each costing not less than 50% of the estimated cost. - One similar completed work costing not less than 80% of the estimated cost. - At least 1 similar mechanical & electrical contract, each having a contract value not less than 40% of the cost of E & M work and in satisfactory operation for at least one year and successfully completed. Additionally, the bidder should have an annual average turnover for the last 3 years of minimum Rs. 146.38 Lacs. The value and percentage of similar works completed are implied through the calculation of available bid capacity, but specific percentages are not mentioned. However, it is mentioned that the quantities shown in the tender are approximate and no claim shall be entertained for quantities of work executed being less than those entered in the tender. In the case of an increase in the quantities by more than 30%, the new rate will be paid to the Contractor for the quantities in excess of 30%. The bidder is also required to produce a solvency certificate of an amount up to 20% of the tendered estimated cost.