New Okhla Industrial Development Authority Tender

The required prior work experience for the bidder is not explicitly stated in terms of years. However, the bidder should have an average annual financial turnover of at least 30% of the estimated cost during the last 3 consecutive financial years. The bidder should have completed works during the last 7 years ending last day of the month previous to the one in which applications are invited. The requirements for similar completed works are as follows: - Three similar completed works each costing not less than 40% of the estimated cost put to tender, which is 165678182.40 Rs. - Or, two similar completed works each costing not less than 60% of the estimated cost put to tender, which is 248517273.59 Rs. - Or, one similar completed work costing not less than 80% of the estimated cost put to tender, which is 331356364.79 Rs. These values represent 40%, 60%, and 80% of the estimated cost put to tender, respectively.