Jharkhand Urja Sancharan Nigam Limited Tender

The required prior work experience for the bidder is not explicitly mentioned in terms of years. However, the bidder's available bid capacity is calculated based on the maximum value of works executed in any one year during the last five years preceding the date of bid opening. There is no specific mention of the required percentage of similar works completed. The bidder needs to provide details of their technical capacity, but the information does not specify a particular percentage for similar works. The bidder needs to provide evidence of access to lines of credit and availability of liquid assets and other financial resources for an amount equal to 25% of the estimated cost. Additionally, all pending litigation and arbitration resulting from contracts executed in the last five years and currently under execution should not represent more than 100% of the bidder's Net Worth. The formula for calculating the available bid capacity is: Assessed Available Bid Capacity (A x N x 2 – B), where A = Maximum value of works including completed and works in progress executed in any one year during the last five years preceding the date of bid opening, N = Time period prescribed for the completion of work under evaluation, and B = Value of existing commitments and on-going works to be completed during the next ……… months.