Indian Oil Corporation Limited Tender

The required prior work experience for the bidder includes successfully completed works of a similar nature in the recent past. The bidder must submit documents to show their previous experience, including the name of the owner, location of the site, and value of the contract. For evaluation, the single work successfully executed by the bidder as main or subcontractor during any of the last seven years will be considered. The work order value or executed value, whichever is higher, shall be considered for meeting the PQC requirement. The bidder should have completed at least one of the following: - One (01) completed work costing not less than Rs 123.52 Lakhs, - Two (02) completed works each costing not less than Rs 98.81 Lakhs, - Three (03) completed works each costing not less than Rs 74.11 Lakhs. These values are inclusive of Goods and Service Tax. The bidder must also provide the percentage that the total value of the sub-contract bears to the total value of the proposed sub-contract, and whether the highest value of any such work exceeds 80% of the total value of the proposed sub-contract. The value and percentage of similar works completed are not explicitly mentioned in all cases, but it is stated that the work value shall be worked out as per the percentage share of the bidder in the JV/Consortium/Joint bidding agreement. In terms of specific percentages, the bidder is required to have prior work experience in the Hydrocarbon Industry, with the total value of each such work specified, but no specific percentage of similar works completed is mentioned. However, the bidder should indicate the percentage that the total value of the sub-contract bears to the total value of the proposed sub-contract. Additionally, the bidder should specify whether the highest value of any such work exceeds 80% of the total value of the proposed sub-contract. The required information includes: - Total value of each similar work completed - Percentage of the total value of the sub-contract to the total value of the proposed sub-contract - Particulars of each similar work completed in the last 7 years - Total value of each similar work completed in the last 7 years - Percentage of the highest value of similar work completed in the last 7 years to the total value of the proposed sub-contract (if it exceeds 80%)