KITCO Limited Tender

The required prior work experience for the bidder is experience as a prime contractor for construction of similar works in the last seven years. The bidder should have completed works of similar size, nature, and complexity. The value and percentage of similar works completed are not explicitly mentioned, but the bidder needs to provide details of their experience and past performance of similar works, including contract price, percentage of participation, value of work completed, and scheduled date of completion. The annual financial turnover and cost of completed works of previous years shall be given a weightage of 5% per year to bring them to the current price level. The bidder should possess adequate working capital of more than 10% of the probable estimated cost of work. The bidder should submit certified/attested/notarized copies of certificates from clients, and in case of private clients, Income Tax TDS Certificates against the entire amount received from clients. The bidder should provide evidence of capability and adequacy of resources to carry out the subject contract. The bidder should submit details of ongoing works, including the name of the work, name of the client/engineer, contract/agreement number, and date, contract price, and percentage of work completed. No specific percentage of similar works completed is mentioned, but the bidder needs to provide details of their experience and past performance of similar works in the last seven years.