NBCC India Limited Tender

The required prior work experience for the bidder includes successfully completing similar works during the last 7 years. The specific requirements are: * Three similar works each costing not less than 40% of the estimated cost put to tender. * Two similar works each costing not less than 50% of the estimated cost put to tender. * One similar work costing not less than 80% of the estimated cost put to tender. Additionally, the bidder should have successfully completed at least one work of minimum 05 storied residential/ Non-residential building(s). The value of executed works shall be brought to the current level by enhancing the actual value of work done at a simple rate of 7% per annum. The average annual audited financial turnover for the last 3 years shall be at least 40% of the estimated cost put to tender. The audited Net Worth of the company/firm as on the last day of the preceding financial year should be minimum 10% of the Estimated Cost put to tender. The bidder should have earned profit in at least one year in the available last three consecutive balance sheets. A self-certified copy of the Bank Solvency Certificate issued from a Nationalised or any Scheduled Bank should be for at least 40% of the Estimated Cost of the Project put to tender.