Eastern Rajasthan Canal Project Corporation Limited Tender

The required prior work experience for the bidder includes having prior work experience in construction of specific projects such as Dam, Barrages, Canal, Tunnel, Pumping stations, Aqueduct, Hydel Power Project, Irrigation, Water Supply, Sewage, and Waste Water Projects. The bidder should have completed or commissioned at least one similar work of 20% of the Estimated Project Cost from Eligible Projects in Category 1 and/or Category 3. A project is considered completed if more than 80% of the value of work has been completed, and the completed value of work is equal to or more than 20% of the estimated project cost. The bidder should have a minimum experience score, with at least one-fourth of the Threshold Technical Capability (Rs 317.99 crore) from Eligible Projects in Category 1 and/or Category 3. The monetary values for experience are mentioned in terms of the estimated capital cost of the projects. The bidder should furnish details of eligible experience for the last 7 financial years preceding the bid due date, with the present value of work updated to the current value, applying a depreciation factor for each year. The depreciation factor ranges from 1.6 for 2017-18 to 1.0 for 2023-24. The experience score is calculated based on the equivalent value of the projects completed. The total estimated capital cost of the project, the amount of capital expenditure incurred during the past five financial years, eligible annual revenues collected, and appropriated by the project company should be provided. The sum total of certain columns in respect of each Eligible Project shall be restricted to a ceiling equivalent to the Estimated Project Cost. A certificate from the statutory auditor regarding experience in PPP projects should be provided, including details such as the title of the project company, the amount of equity held, the total estimated capital cost of the project, and year-wise details of capital expenditure incurred. The certificate should also mention eligible annual revenues collected and appropriated by the project company during the past five financial years, along with payment made or received by the bidder for construction works. The experience score is calculated based on the equivalent value of the projects completed, with a conversion rate for other currencies to be converted to Rupees as per the prevailing rate 60 days prior to the bid due date. The specific monetary values mentioned include the estimated capital cost of the project (Rs 317.99 crore), the amount of capital expenditure incurred, and eligible annual revenues collected and appropriated by the project company. The percentage of similar works completed is 80% of the value of work, and the value of similar works completed should be at least 20% of the Estimated Project Cost.