Maharashtra Industrial Development Corporation Tender

The bidder is required to have prior work experience, with a work experience certificate (signed by an officer not below the rank of Executive Engineer) for work executed during any of the last 5 financial years. The work should be in a government department, semi-government, or local bodies. The cost of the work should be not less than 50% of the tender cost. The estimated cost of the tender is between Rs.1.50 Cr to Rs.5.00 Cr. The bidder should have experience certificate of single similar type of work completed in all respects, costing not less than 50% of the cost put to tender during the last five financial years in Govt./Semi Govt./Local Bodies. The value of work will be updated at 10% per annum (compounded) by multiplying values with applicable factors such as 1.1, 1.21, 1.33, 1.46, and 1.61 as applicable. No specific years of experience are mentioned, but the work experience should be for works executed in the last 5 years.