Lucknow Development Authority Tender

The required prior work experience for the bidder includes satisfactorily completing similar works in the last 7 years. The experience requirements are as follows: - Three similar completed works each costing not less than 40% of the estimated cost - Two similar completed works each costing not less than 60% of the estimated cost - One similar completed work each costing not less than 80% of the estimated cost The bidder should have experience in similar work, such as Bituminous Road work, Resurfaceing work, Horticulture work, or maintenance of Apartments/Buildings. The value of similar works completed should be brought to the current costing level by enhancing at a simple rate of 10% per annum. The bidding capacity is calculated using the formula: Bidding Capacity (Rs.) = {[AxNx2]-B}, where A is the maximum turnover, N is the number of years prescribed for completion of work, and B is the value of existing commitments and ongoing works. The bidder should have prior work experience in Civil Engineering construction, with a total value of work performed in the last five years. The bidder should have completed works of a similar nature over the last five years, with a value of at least Rs. …….. Crore (indexed to current price level @ 10% increase). The bidder should provide information on the work performed as a prime contractor, or as a nominated sub-contractor, with execution of all main items of work described in the bid document. In terms of specific values, the bidder is required to have a minimum turnover of Rs. …….. Crore in the last five years, and a minimum profit of Rs. …….. Crore in the last five years. The bidder should also have a minimum cash investment of 25% of the value of the work during the implementation of the contract. Note that some values and percentages are not specified in the provided information.