Gorakhpur Industrial Development Authority Tender

The bidder should have experience in civil engineering construction, with a total monetary value of construction work performed for each of the last five years. The experience shall be considered as per relevant criteria. The bidder should have: - Average annual turnover as per specified criteria - Experience, including: - Executed a minimum quantity of work in any one year, including cement concrete and earthwork - Executed similar water supply/sanitary engineering works for a minimum amount in any one year The value of similar works completed should be at least the amount indicated, and the bidder should have executed a minimum quantity of work in any one year. The amount of work completed should be at least 80% of the expected peak rate of construction. The bidder's experience shall be considered based on the total monetary value of construction work performed for each of the last five years. The bidder's available bid capacity will be calculated based on the maximum value of civil engineering works executed in any one year during the last five years. The bidding capacity is worked out by a formula that considers the maximum value of civil engineering works executed in any one year during the last five years, updated to the current price level. The value of executed works shall be brought to the current costing level by enhancing the actual value of work done at a simple rate of 10% per annum. The bidder should be able to invest a minimum of 25% of the contract value of work during implementation of the contract. The bidder should also have a minimum of 10% of the estimated cost as credit facilities, certified by the bankers. The required prior work experience for the bidder is not specified in terms of years, but the bidder's experience is considered in the calculation of the bidding capacity through the value of works executed. The exact percentage of similar works completed is not specified, except that the amount of work completed should be at least 80% of the expected peak rate of construction.