Municipal Corporation Tender

The required prior work experience for the bidder includes experience of work of similar nature during the last 7 years, with specific requirements as follows: - One similar completed work costing not less than 80% of the estimated tender cost, - Two similar completed works costing not less than 50% of the estimated tender cost, - Three similar completed works costing not less than 40% of the estimated tender cost. The estimated tender cost is Rs.30390947.00, and the required amounts for similar works are: - 80% of the estimated tender cost for one similar work, which is Rs.24312757.60, - 50% of the estimated tender cost for two similar works, which is Rs.15195473.50, - 40% of the estimated tender cost for three similar works, which is Rs.12156378.80. Alternatively, the bidder should have experience of having successfully completed similar works during the last 5 years, with the following requirements: - Three similar completed works costing not less than 40% of the estimate put to tender, - Two similar completed works costing not less than 50% of the estimate put to tender, - One similar completed work costing not less than 80% of the estimate put to tender. The bidder should also provide details of work done as a prime contractor of a similar nature during the last seven years, and have an average annual financial turnover of at least 30% of the estimate put to tender in similar type of works during the last 3 years.