Rourkela Smart City Limited Tender

The required prior work experience for the bidder involves completing or substantially completing (80% of awarded cost) any one or more construction of any type of building works/projects during the last five years. The value of the completed work should be equal to or more than Rs. 13.48 Cr, which is 80% of the project cost. The bidder should have an average annual turnover of Rs. 13.48 Cr in the last five financial years. They must furnish a list of similar works executed during the last five years, stating the agreement number, date of commencement and completion, and actual date of completion, duly certified by the employer. Substantial completion is based on 80% value-wise or more works completed under the contract. The bidder should submit all credentials, including experience certificates, completion certificates, and work orders, to support the successful completion of the job. The available Bid Capacity will be calculated as under: Assessed Available Bid Capacity= (A*N*2-B), where A = Maximum value of Civil Engineering works executed in any one year during the last five years (updated to the current price level) rate of inflation may be taken as 10% per year(escalation factor) which will taken into account the completed as well as works in Progress. N = 1.50 Year (In word One and half Year ) Number of years prescribed for completion of the works for which the bids are invited. B = Value of Current price level of the existing commitments and on-going works to be completed during the next years(Period of completion of work for which Bids The bidder needs to provide information on the total receipt from projects for the last five years. The bidder should have a maximum value of civil engineering works executed in any one year during the last five years, updated to the current price level, considering a 10% per year escalation factor. The value of similar works completed is considered in the calculation of available bid capacity. The bidder should have executed works of a certain value to be eligible, and the value of these works will be updated to the current price level using an escalation factor of 10% per year. The bidder's experience in executing works of a similar nature and value is crucial in determining their available bid capacity, which should be more than the total estimated cost of the project. The percentage of similar works completed is 80% or more works completed under the contract. The amount is Rs. 13.48 Cr. The average annual turnover is also Rs. 13.48 Cr.