Maharashtra State Infrastructure Development Corporation Tender

The required prior work experience for the bidder includes executing specific quantities of work in the last five years, having a certain turnover, and deploying qualified key personnel. The bidder should have a proven track record of completing such work in stipulated time. The bidder's available bid capacity is calculated based on the maximum value of works executed in any one year during the last five years, updated to the current price level. The bidder should also have completed works with a value of at least Rs. 99.28 Lakhs. Furthermore, the bidder's Net worth should be at least Rs. 19.86 Lakhs in the preceding financial year. Regarding the value and percentage of similar works completed, the bidder's offer is evaluated based on their bid cost, and additional performance security is required if the bid is below a certain percentage of the estimated cost. For instance, if the bid is below the estimated cost by more than 1% up to 10%, the bidder must submit 1% of the bid cost as additional performance security. If the bid is below the estimated cost by more than 10% up to 15%, the bidder must submit an additional 1% for every percentage point beyond 10%, and if the bid is below the estimated cost by more than 15%, the bidder must submit 2% for every percentage point beyond 15%. The bidder needs to provide details of similar works completed in the last 5 years, along with the value and percentage of such works. However, specific percentage of similar works completed is not mentioned. The bidder is required to provide the tendered cost and total cost of work done for each similar work, which may be used to evaluate their experience and credibility. The bidder needs to fill out forms that include information about the name of the work, amount put to tender, agreement number, date of commencement, amount of work done during each of the last five years, and amount of work still remaining to be executed. The bidder also needs to provide statements showing quantities of work executed in any one year during the last five years and the maximum annual turnover in any one year during the last five years. The multiplying factors for updating the turnover are mentioned as 1.61, 1.46, 1.33, 1.21, and 1.10 for the years 2019-20, 2020-21, 2021-22, 2022-23, and 2023-24, respectively. The bidder's bid capacity will be worked out based on the highest amount of work done in any one year out of the last five years.