Bridge And Roof Company India Limited Tender

The class eligibility requirements to bid or participate in this tender are Class-I Local Supplier and Class-II Local Supplier.

The bid capacity required in the given tender is mentioned in terms of financial requirements and experience in similar works. To be eligible, the bidder should have an average annual financial turnover of not less than Rs. 0.75 Crore for the last 3 financial years. In terms of experience, the bidder should have executed works similar in nature and description during the last 7 years, with specific criteria being: 1. One Similar Completed Work costing not less than Rs. 2.00 Crore. 2. Two Similar Completed Works each costing not less than Rs. 1.25 Crore. 3. Three Similar Completed Works each costing not less than Rs. 1.00 Crore. The value of executed works may be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum, using the formula: Adjusted Value = Actual Value * (1 + 0.07)^n where n is the number of years since the work was completed.