Paradip Port Trust Tender

The required prior work experience for the bidder is that each Joint Venture (JV) partner, including the lead partner, shall have work experience of a minimum value not less than 26% for at least one single work of the estimated cost put to tender. The eligibility criteria for meeting similar work experience can be met in the following categories: i) Single work of value 80% of the estimated cost, ii) Two works of value 50% each of the estimated cost, iii) Three works of value 40% each of the estimated cost. For example, if the estimated cost of the work put to tender is Rs. 10,00,000/-, then the eligibility criteria for meeting similar work experience shall be: i) Single work of value 80% equal to Rs. 8,00,000/-, ii) Two works of value 50% each equal to Rs. 5,00,000/-, iii) Three works of value 40% each equal to Rs. 4,00,000/-. The JV may meet the similar work experience criteria either in any of the following categories: (i) For Single work category of value Rs. 8,00,000/-, any one Joint Venture Partner should have executed the Single work of value Rs.8.00 lakh in full individually on his own. (ii) For two works category of value Rs. 5,00,000/- each, the value of each work executed by JV Partner shall be Rs.5.00 lakh in full individually on his own. (iii) For three works category of value Rs. 4,00,000/- each, the value of each work executed by JV partner shall be Rs.4.00 lakh in full individually on his own. The estimated cost put to tender is more than Rs.5.0 Crore for Joint Venture firms. Each JV partner, including the lead partner, must have executed a single work in full on their own as specified, or collectively meet the experience if proposing multiple works, with each partner meeting not less than 26% of the Average Annual Turnover and Specific work Experience criteria.