Odisha Lift Irrigation Corporation Limited Tender

The bidder is required to have prior work experience in executing similar type of work successfully. The minimum quantity required can be calculated as 0.4 x (estimated quantity of work) x 12 months/period of completion. For example, if the estimated quantity of work is 200 nos. bore well and the period of completion is 3 months, the minimum quantity required would be 0.4 x 200 nos. bore well x 12/3 = 320 nos. bore well. This indicates that the bidder should have executed a minimum quantity of similar major items of work, which is 40% of the estimated annual quantity of execution. Additionally, the bidder should have experience in similar works as indicated at Schedule-A and experience in similar major items of works as indicated at Schedule-B(B). However, specific details of the required prior work experience, including values and percentages for Schedule-A and Schedule-B(B), are not provided. The bidder should submit a self-attested copy of the certificate of authenticity from the concerned executive engineer/competent officer in-charge of execution regarding the execution of major items of work during the last 5 years. A weightage of 10% per year will be given on the cost of satisfactorily completed works of previous years to bring them to the current price level. The bidder should furnish proof in support, failing which the tender may not be considered. The minimum working capital requirement is 20% of the amount put to tender, which can be met out of bank credit or an irrevocable affidavit in stamp paper to provide balance working capital from own sources and others, with liquid assets and/or availability of credit facilities of no less than Rs. 53.00 lakhs.