Hindustan Steelworks Construction Limited Tender

The required prior work experience for the bidder includes having successfully completed similar works during the last 7 years. The similar works should meet one of the following criteria: - Three similar works each costing not less than 40% of the estimated cost put to tender or Rs. 400 crore, whichever is less. - Two similar works each costing not less than 50% of the estimated cost put to tender or Rs. 500 crore, whichever is less. - One similar work costing not less than 80% of the estimated cost put to tender or Rs. 800 crore, whichever is less. For projects having an estimated cost above Rs. 1000 crore, the "similar works" shall mean "Residential/Non-Residential Building works of any number of storeys". The bidder can use the work experience of its subsidiary company to the extent of its ownership in the subsidiary company. In case of a company formed after merger or acquisition, the past work experience of the merged or acquired companies will be considered for qualification, provided the company continues to own the requisite assets and resources. The Average annual Audited financial turnover for the last 3 years should be at least 40% of the estimated cost put to tender. The value of annual turnover figures will be brought to the current value by enhancing the actual turnover figures at a simple rate of 7% per annum. The bidder needs to submit a completion or experience certificate issued by the owner, duly signed and stamped, and attested by the Indian Embassy or Consulate for foreign work experience. The required details of similar work experience certificates should be certified and enclosed with the tender documents, as per completion certificates and not presumed. The bidder should provide information on the type of work, name of client, date and number of completion certificate, date of start and completion, final/approved value of contract, cost of items supplied by the employer free of cost, and cost of work on completion. In case of works executed in JV, the bidder should submit details including name of work and its location, name of clients, name of JV member, bidder's share percentage in JV, type of work, date and number of completion certificate, date of start and completion, final/approved value of contract, cost of items supplied by the employer free of cost, and cost of work on completion. The forms provided require the bidder to fill in the details of similar work experience, including the value of the contract, cost of items supplied by the employer free of cost, and the total cost of work on completion.