Municipal Corporation Of Greater Mumbai Tender

The bidder should have completed similar works with specific values, such as one work of not less than Rs. 20,61,59,040 or 18000 m3/hr, two works each of not less than Rs. 12,88,49,400 or 11250 m3/hr, and three works each of not less than Rs. 10,30,79,250 or 9000 m3/hr. The value of executed works shall be brought to current costing level by enhancing the actual value of work at a compound rate of 10% per annum. Additionally, the bidder should have successfully completed at least one contract of similar works during the last ten years. However, specific details on the percentage of similar works completed are not mentioned. The bidder (in case of a single entity) or the lead partner (in case of a joint venture) should have been in existence for the last 10 years. The average annual financial turnover of the bidder should be equal to Rs. 15,46,19,280, as certified by a Chartered Accountant, in the last three financial years. The bidder should also have access to or have available liquid assets, unencumbered assets, lines of credit, and other financial means sufficient to meet the construction cash flow requirements for the subject contract, with a minimum of 15% of the cost of the work tendered for, net of the tenderer's commitment of other contracts. No specific percentage of similar works completed is mentioned.