Mathura Vrindavan Development Authority Tender

The required prior work experience for the bidder is at least four years in the organized sector. The bidder should have experience of successfully executing work, with specific requirements based on the work value. These requirements include: - For works up to 40.00 Lacs, two jobs of total value equal to the bid value. - For works more than 40.00 Lacs & up to 50.00 Lacs, two jobs of total value equal to the bid value. - For works more than 50.00 Lacs & up to 150.00 Lacs, two jobs of total value equal to the bid value. - For works more than 150.00 Lacs & up to 500.00 Lacs, two jobs equal to bid value or one total 75% of bid value. - For works more than 500.00 Lacs, two works to total value 75% to the bid value. Regarding the value and percentage of similar works completed, the bidder should have completed works of similar value. However, no specific percentage is mentioned for similar works completed, but the cumulative turnover will be considered for three consecutive years out of the last four assessment years. The bidder should have a minimum tangible net worth of at least 25% of the bid value for works more than 40.00 Lacs. Additionally, the liquid assets requirement is mentioned as a percentage of the bid value, which is: * 15% of the bid value (for work value up to 50.00 Lacs) * 20% of the bid value (for work value up to 150.00 Lacs) * 25% of the bid value (for work value up to 300.00 Lacs) * 25% of the bid value (for work value more than 300.00 Lacs)