Bridge And Roof Company India Limited Tender

Class-I local supplier

The bid capacity required in the given tender to bid having value is as follows: - Average Annual Financial Turnover: ₹ 2.58 Crore during the last 03 (Three) years ending 31.03.2024. - Net Worth: Positive as per the Audited Annual Financial Statement of the last financial year. - Solvency Certificate: From the bidder's banker from a Nationalized/Schedule Bank in India, not more than 03 (three) months old from the date of publication of the NIT. - GST Registration Certificate: Issued by the Competent Authority, and the bidder must be GST compliant in all respects under the GST Law. - PAN: Issued by the Competent Authority. - Qualifying Criteria: - The bidder should have successfully executed/executing "Similar Works" of the value during the last 07 (seven) years ending the last day of the month previous to the one in which bids are invited. - The bidder should fulfill either of the following experience criteria: - 03 (three) similar completed/executed works each costing not less than ₹3.44 Crore. - 02 (Two) similar completed/executed works each costing not less than ₹4.30 Crore. - 01 (One) similar completed/executed work costing not less than ₹6.88 Crore. The formula for calculating the cost of similar work is: Current Cost = Actual Cost x (1 + 0.07 x number of years since completion) Where number of years since completion is the time elapsed between the completion of the work and the bid opening date. However, a specific bid capacity value or formula in terms of total contract value is not explicitly mentioned.