Corporation Of Chennai Tender

The bidder should have experience in executing works similar to the one being bid on, specifically in civil engineering works such as Storm water drain works, Canal works, and Pond works. They should have executed at least one work not less than 80% of the value put in tender under a single agreement in any one of the preceding five years. The value for this condition is 80% of the package value, which is Rs. 627.34 Lakhs. Additionally, the bidder should have achieved a minimum annual financial turnover in civil engineering construction work of 1.5 times the value of the project being bid, which is Rs. 1176.27 Lakhs, in at least two financial years in the last five years. The bidder's available bid capacity for construction work should be equal to or more than the total bid value of the work, and they should have access to liquid assets, unencumbered real assets, lines of credit, and other financial resources sufficient to meet the projected construction cash flow requirements, which is 50% of the total value of the project, Rs. 392.09 Lakhs. The experience certificates for the works executed in Government contracts will be considered, and the bidder should provide information about the total monetary value of construction work performed for each of the last five years, along with details of completed works during the last five years. The specific percentage of similar works completed mentioned is 80% of the package value. The bidder should have completed similar works with a value of at least 80% of the package value under a single agreement.