Maharashtra Industrial Development Corporation Tender

The required prior work experience for the bidder includes experience in concrete road work or airport pavement with a minimum cost of Rs. 723.55 Lakhs for a single work, or Rs. 1012.97 Lakhs for two works, or Rs. 1157.68 Lakhs for three works during the last five years. Additionally, the bidder should have experience in soil stabilization work with a quantity of not less than 2510 CuM during the last five years. For private works, only 50% of the amount or magnitude of the work completion certificate will be considered as work done amount or magnitude. The bidder should also have key personnel with adequate experience, including a Project Manager with BE + 3 years Experience, a Site Engineer with BE + 2 years Experience, and a Supervisor with a Diploma in Civil engineering. The annual turnover of the bidder should not be less than 75% of the annual cost of the work. No specific percentage of similar works completed is mentioned, except that the bidder should have a good record of performance, with no history of abandoning works, not properly completing contracts, or having litigation or financial failures. The values mentioned are in Indian Rupees (Rs.) and are as follows: Rs. 723.55 Lakhs, Rs. 1012.97 Lakhs, and Rs. 1157.68 Lakhs. The bidder should also have liquid assets and/or credit facilities of not less than 25% of the contract value.