Bridge And Roof Company India Limited Tender

The required prior work experience for the bidder is not explicitly stated in terms of years, but it is mentioned that the bidder should have experience in similar type of work, with details of value of work in each contract. The bidder should submit a list of similar nature of works and Project under Execution or Awarded, along with a Performance Report of Works. The bidder should also provide details of similar works completed in the last 07 financial years and the current financial year. No specific percentage of similar works completed is mentioned. However, the bidder should have experience in similar type of work, with details of value of work in each contract. The value of executed works shall be brought to current costing level by enhancing the actual value of work at a simple rate of 7% per annum. The annual turnover should not be less than Rs. 1.28 Cr, with an average annual financial turnover during the last 03 years ending 31.03.2024. The bidder should also have a positive profit after tax in not more than two years during the last five years ending 31st March, 2024. The bidding capacity is calculated using the formula: Bidding Capacity = [ { A x N x 1.5 } - B ], where A is the maximum turnover, N is the number of years prescribed for completion of work (2 years), and B is the value of existing commitments and ongoing works. The net worth certificate for the financial year 2023-24 should be at least Rs. 0.43 Cr, and the bank solvency certificate should be not less than Rs. 1.71 Cr. No specific value or percentage of similar works completed is mentioned, other than the requirement for the bidder to have experience in similar type of work and to provide details of similar works completed.