Sher E Kashmir University Of Agricultural Sciences And Technology Tender

The bidder should have satisfactorily completed or substantially completed one similar nature of work of 75% value, two similar works of 45% value each, or three similar works of 30% value each of the estimated cost of this work during the last 05 financial years. Substantial completion shall be based on 80% or more works completed under the contract. The bidder is required to provide information on the volume of work performed, including the project name, description of work, value of contract, and completion cost. The value of work executed shall be brought to current costing level by enhancing the actual value of work at a simple rate of seven percent (7%) per financial year. The bidder should have experience of construction works of a similar nature over the last 05 financial years. No specific amount for similar works is mentioned other than the percentages of the estimated cost of the work. The percentages mentioned are 75%, 45%, and 30% of the estimated cost of the work. The substantial completion percentage is 80%.