Hindustan Steelworks Construction Limited Tender

The required prior work experience for the bidder includes having successfully completed similar works during the last 7 years. The similar works can be either: - Three similar works each costing not less than 40% of the estimated cost put to tender - Two similar works each costing not less than 50% of the estimated cost put to tender - One similar work costing not less than 80% of the estimated cost put to tender. The value of executed works shall be brought to the current level by enhancing the actual value of work done at a simple rate of 7% per annum. Additionally, the average annual audited financial turnover for the last 3 years should be at least 40% of the estimated cost put to tender, with the value of annual turnover figures also being enhanced at a simple rate of 7% per annum. The bidder's prior work experience is required to be specifically mentioned on the Letter of Award and Experience Certificate. Details of similar work experience are required in specific forms, including FORM-A and FORM-B for similar works executed as part of a joint venture or consortium. Work Experience Certificates with details as mentioned in Form-G are also required.