NBCC India Limited Tender

The required prior work experience for the bidder is not explicitly stated in terms of years, but it is mentioned that the bidder should have experience in similar works, specifically "Construction of Residential/Non-Residential Building works of any no. of storeys" during the last 07 years. The minimum eligibility criteria for similar work experience are: - Three similar works each costing not less than 40% of the estimated cost put to tender or Rs. 400 crore, whichever is less; - Two similar works each costing not less than 50% of the estimated cost put to tender or Rs. 500 crore, whichever is less; - One similar work costing not less than 80% of the estimated cost put to tender or Rs. 800 crore, whichever is less. In case of projects having ECPT above Rs. 1000 Cr., the minimum eligibility criteria for similar work experience is defined by considering ECPT as Rs. 1000 Cr. The Average annual Audited financial turnover (after enhancement) for the last 3 years shall be at least 40% of the estimated cost put to tender. For similar works executed as part of a Joint Venture (JV) or Consortium, the bidder can claim experience to the extent of its share in the JV or Consortium, provided valid proof of their share or work done is submitted. 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.