Corporation Of Chennai Tender

The required prior work experience for the bidder includes: - Average Annual Construction Turnover: Minimum average annual turnover of INR 9.35 Crore - General Construction Experience: Experience under construction contracts for at least the last five years, starting 1st January 2019. - Specific Construction & Contract Management experience: - Minimum one contract with a value of at least INR 4.99 Crore - OR minimum two contracts with a value of at least INR 3.12 Crore each - OR minimum three contracts with a value of at least INR 2.50 Crore each The substantial completion shall be based on 80% or more works completed under the contract. For contracts under which the Bidder participated as a joint venture member or sub-contractor, only the Bidder’s share, by value, shall be considered to meet this requirement. The bidder should have successfully & substantially completed similar works during the period between 1st January 2019 and the bid submission deadline. The value of the prior work experience is required to be at least INR 2.50 crore each, including GST. The bidder should provide information on the contracts completed, including the total contract amount, the amount and percentage of the contract completed, and the name and address of the employer. The bidder should have completed at least 80% or more of the works under the contract to be considered as substantially completed. No specific percentage of similar works completed is mentioned, but the bidder is required to have a consistent history. The bidder should demonstrate that it has access to, or has available, liquid assets, unencumbered real assets, lines of credit, and other financial means sufficient to meet the construction cash flow requirements estimated as INR 1.86 crore for the subject contract(s) net of the Bidder’s other Commitments. The Average Annual Construction Turnover should be a minimum of INR 9.35 Crore, calculated as total certified payments received for contracts in progress and/or completed within the last five financial years, divided by five years. The bidder should also provide information on their current commitments on all contracts that have been awarded, or for which a letter of intent or acceptance has been received, or for contracts approaching completion, but for which an unqualified, full completion certificate has yet to be issued. No specific value and percentage of similar works completed are mentioned in the context. The required prior work experience for the bidder includes general construction experience under construction contracts, such as setting up infrastructure facilities, in the role of prime contractor for at least the last five years, starting from January 1, 2019. Additionally, the bidder should have a minimum average annual turnover of INR 9.35 Crore, calculated as total certified payments received for contracts in progress and/or completed within the last five financial years, divided by five years. There is also a requirement for the bidder to demonstrate their experience in similar works, but specific values and percentages of similar works completed are not mentioned. The bidder should also provide information on their key personnel, including their role, duration of involvement, and relevant experience, as well as their equipment, site organization, method statement, mobilization schedule, and construction schedule. No specific percentage of similar works completed is mentioned, but the bidder is required to have a consistent history of court/arbitral awards in their favor, with no consistent history of court/arbitral award decisions against them since January 1, 2019. The bidder is required to have experience under construction contracts, such as those pertaining to setting up of infrastructure facilities in the role of prime contractor, for at least the last five years, starting 1st January 2019. Additionally, the bidder should have a minimum average annual turnover of INR 9.35 Crore, calculated as total certified payments received for contracts in progress and/or completed within the last five financial years, i.e., 2018-19 to 2022-23, divided by five years. No specific information is available on the percentage of similar works completed.