Municipal Corporation Tender

The required prior work experience for the bidder includes completing building works during the last seven years. The bidder should have achieved an average annual financial turnover of at least 30% of the estimated cost put to tender during the last 3 years. The value of similar works completed should be at least 30% of the estimated cost put to tender. However, specific details are also provided that the bidder should have experience of similar type of building construction work with a minimum value of 80% of the estimated cost for a single work, 50% for two works, or 40% for three works carried out in the last seven years. The estimated cost put to tender is Rs. 9,06,76,780. The bidder should have completed similar works with values such that the single work carried out is of 80% of the estimated cost, or two works of 50% of the estimated cost, or three works of 40% of the estimated cost. The bidder should provide a list of building works completed during the last seven years, including the total cost and total value of work done, and a statement showing the value of existing contracts and commitments, as well as ongoing works. The bidder's available bid capacity will be worked out based on the average value of civil engineering works executed over the last five years, existing commitments, and ongoing works. The bidder should also provide evidence of their continued eligibility, including a solvency certificate for an amount up to 15% of the tender amount.