IREL India Limited Tender

The required prior work experience for the bidder includes having successfully completed similar service contracts during the last seven years. The conditions for similar completed service contracts are: - Three similar completed service contracts costing not less than Rs.1,06,48,320/- (40% of the estimated value including GST) - Two similar completed service contracts costing not less than Rs.1,33,10,400/- (50% of the estimated value including GST) - One similar completed service contract costing not less than Rs.2,12,96,640/- (80% of the estimated value including GST) Additionally, the bidder must have experience of providing similar type of services over the last three years, with the following requirements: 1. Three similar completed services costing not less than 40% of the estimated cost (Rs. 10,648,320). 2. Two similar completed services costing not less than 50% of the estimated cost (Rs. 13,310,400). 3. One similar completed service costing not less than 80% of the estimated cost (Rs. 21,296,640). The estimated cost is Rs. 26,620,800. The bidder is required to have 7 years of past experience for the same or similar service and a minimum average annual turnover of Rs. 67 Lakh for 3 years.