Inland Waterways Authority Of India Tender

The required prior work experience for the bidder includes the completion of similar works, with the maximum value of such works to be mentioned in the bid. The bidder should provide details of similar work, including the financial value of such work satisfactorily completed. The value of similar works should be adjusted for inflation, with 7% inflation assumed for Indian Rupees and 2% for foreign currency portions per year compounded annually. The bidder should mention the maximum value of similar works executed during the last seven years, adjusted for inflation. The percentage of similar works completed is not explicitly mentioned. However, bidders must provide details of similar work, including the financial value of such work satisfactorily completed. The bidder should submit copies of completion certificates for similar projects executed in the last seven years, including the start date, end date, and value of the work executed. The bidder should exhibit only those projects undertaken in the last seven years from the bid submission last date, with projects without proof of completion or substantial completion certificates not being considered. The format for providing this information is given in Form 4B: Eligible Projects, which includes details such as client name, name of work and location of the project, contract value in INR, date of start of work, scheduled completion date, actual completion date, and financial value of similar work satisfactorily completed. The evaluation criteria for the bidder's relevant experience include the year of establishment of the firm and the preparation of DPR/FSR in respect of IWT/Ports/Shipping Sector, with a total score of 30 marks assigned to relevant experience in the evaluation process.