National Highways Authority Of India Tender

The required prior work experience for the bidder is not explicitly stated, but it is mentioned that the bidder needs to provide details of their experience in similar works. The bidder should have completed similar works with a value, but the exact amount is not specified in one instance. However, in another instance, it is mentioned that the bidder should have received payments for construction of Eligible Project(s) or has undertaken construction works by itself in a PPP project, with a sum total of more than Rs. 150.81 Crore over the past 5 financial years preceding the Bid Due Date. For normal Highway projects, the bidder should have completed at least one similar work of 20% of Estimated Project Cost, which is Rs. 30.16 Crore, from the Eligible Projects. The project is considered completed if more than 90% of the value of work has been completed, and the completed value of work is equal to or more than 20% of the estimated project cost. Additionally, the bidder should have experience in projects where progress is commensurate with funds released, and variation is more than 25% in the last 365 days. The bidder should also provide details of payments received or construction carried out in respect of the Eligible Projects, and in case of a Joint Venture, the share in work done. It is also mentioned that the entity claiming experience should have held, in the company owning the Eligible Project, a minimum of 26% equity during the entire year for which Eligible Experience is being claimed. The bidder should furnish the details of Eligible Experience for the last 5 financial years immediately preceding the Bid Due Date. In case of Categories 1 and 2, the entity claiming experience should have undertaken the construction of the project for an amount equal to at least one half of the Project Cost of eligible projects. For Categories 3 and 4, the Bidder should have received payments from its client(s) for construction works executed, fully or partially, and only the amounts (gross) actually received during the 5 financial years preceding the Bid Due Date shall qualify. However, receipts of or work executed amount less than Rs. 7.54 Crore shall not be reckoned as receipts for Eligible Projects.