Municipal Corporation Tender

There is no specific information available regarding the required prior work experience for the bidder in terms of years. However, it is mentioned that the bidder should have completed similar works. For the value and percentage of similar works completed, it is mentioned that if the bidder's rate is within 1% more or 10% less of the estimated cost, they need to provide a performance security deposit. If the bidder's rate is between 10% to 15% less than the estimated cost, they need to provide a performance security deposit of 1% of the difference between their rate and 10% less than the estimated cost, plus 5% of the remaining difference. Additionally, the bidder should provide an Earnest Money Deposit (EMD) which is 5% of the total tender value. The performance security deposit should be provided through a Demand Draft (DD), Fixed Deposit Receipt (FDR), or a bank guarantee, and the EMD should be in the form of an FDR from a scheduled bank. It is also mentioned that for works worth more than 1 crore, certain qualifications and experience are required, although the exact details are not provided. An experience certificate is one of the requirements, implying that some level of experience is necessary.