AI Engineering Services Limited Tender

The required prior work experience for the bidder includes having successfully executed or completed similar services over the last three years, with specific requirements as follows: 1. Three similar completed services costing not less than 40% of the estimated cost, 2. Two similar completed services costing not less than 50% of the estimated cost, 3. One similar completed service costing not less than 80% of the estimated cost. Given the estimated cost is 60000000, the values are: - 40% of the estimated cost for three similar completed services, which is 0.4 * 60000000 = 24000000, - 50% of the estimated cost for two similar completed services, which is 0.5 * 60000000 = 30000000, - 80% of the estimated cost for one similar completed service, which is 0.8 * 60000000 = 48000000. Additionally, the bidder should have 5 years of past experience in providing similar type of services to any Central/State Govt Organization/PSU, and the bidder's average annual financial turnover during the last three years should be at least 200 Lakh.