Directorate Of Municipal Administration Tender

The required prior work experience for the bidder includes having satisfactorily completed as a contractor at least one similar work of value not less than at the price level 2023-24 during the last five years. The specific requirements are: - Three similar works each having a minimum estimated cost of not less than 40% - Two similar works each having a minimum estimated cost of not less than 50% - One similar work of value not less than 80% The bidder should have achieved a minimum annual financial turnover of Rs. 379.82 Lakh in any one year of the last five years and should have satisfactorily executed certain minimum quantities of work. The bidder needs to provide details of similar type and magnitude carried out during the last five years, including the name of the work, name and address of the organization, and other relevant details. The values and percentages of similar works completed mentioned are: - 40% for three similar works - 50% for two similar works - 80% for one similar work - Rs. 379.82 Lakh as the minimum annual financial turnover The bidder's experience and capacity to complete the works are evaluated based on their financial turnover, completed works, and available bid capacity. The available bid capacity is calculated using the formula: Assessed available Bid capacity = (A x N x 2) – B, where A is the maximum value of annual financial turnover, N is the number of years prescribed for completion of works, and B is the value of existing commitments and ongoing works.