Modern Coach Factory Tender

The required prior work experience for the bidder involves successfully executing or completing similar services over the last three years. The specific requirements include: 1. Three similar completed services, each costing not less than 40% of the estimated cost. 2. Two similar completed services, each costing not less than 50% of the estimated cost. 3. One similar completed service costing not less than 80% of the estimated cost. Additionally, the bidder should have a Minimum Average Annual Turnover of 282 Lakh. However, this can be interpreted as related to the value of similar works but does not directly specify a percentage for similar works. The estimated bid value is INR 94057170.14, which can be used to calculate the specific amounts for the percentages mentioned: - 40% of the estimated cost: 0.4 * 94057170.14 - 50% of the estimated cost: 0.5 * 94057170.14 - 80% of the estimated cost: 0.8 * 94057170.14 Calculating these gives: - 40%: 37622868.056 - 50%: 47028585.07 - 80%: 75245736.112 Thus, the bidder needs to have completed similar services with costs of at least these calculated amounts to meet the respective percentage requirements.