Gorakhpur Industrial Development Authority Tender

The required prior work experience for the bidder varies based on their qualifications. * A Degree Holder in Electrical requires a minimum of 5 years of experience. * For a Diploma Holder in Electrical Engineering and others, such as a wireman, no specific years of experience are mentioned. In terms of similar works completed, the bidder should have satisfactorily completed, as a prime contractor, at least: - five similar works with 80 percent of the estimated cost of the work - two similar works with 50 percent of the estimated cost of the work - three similar works with 40 percent of the estimated cost of the work Additionally, the bidder should have achieved a minimum financial turnover of at least 150 percent of the estimated cost of works in any five years, with an index rate of 8 percent per year. The bidder is also required to have a minimum amount of liquid assets and/or credit facilities net of other contractual commitments, which shall be 10% of the contract value. The value of subcontractors should not exceed 25% of the contract value. For routine maintenance, technical personnel requirements include: - A. Degree Holder in Electrical Engineering: at least 2 years of experience. - B. Diploma Holder in Electrical Engineering: at least 2 years of experience. Contract works experience values are mentioned as: - Up to Rs. 1 Crores - Above Rs. 50 Lacs The bidder's total annual volume of electrical engineering construction work executed and payments received should be provided in Rs. in lakhs. The value of contracts for existing commitments and ongoing works, and the value of works remaining to be completed should also be provided in Rs. in lakhs.