Tourism And Cultural Affairs Department Tender

The required prior work experience for the bidder includes experience in technical development, specifically in hospitality or real estate and infrastructure development. For Hospitality Developers, the experience should be in development of Hospitality Projects with a cumulative room count of at least 63 rooms of 3-star category equivalent or above. For Other Real Estate & Infrastructure Developers, the experience should be in development of other Real Estate & Infrastructure Projects, but the specific cumulative project cost is not mentioned. The bidder should also have a minimum average turnover of Rs. 7.5 Crore in the preceding 3 financial years and a minimum Net Worth OR Cash & Cash Equivalents of Rs. 0.6 Crore as of 31st March of the preceding financial year. The experience should be demonstrated through works completed in the last 10 years preceding the Bid Due Date. Additionally, the bidder should have experience in Hospitality Projects with a cumulative room count of at least 63 rooms and in Other Real Estate & Infrastructure Projects with a value of at least 7.5 Crore. A shareholding of at least 26% in the completed projects is also required. The room count and project cost can be cumulated by a Consortium to meet the minimum eligibility threshold. The specific percentage of similar works completed is not mentioned, but the bidder should have a minimum average turnover and net worth as mentioned above.