Northern Coalfields Limited Tender

The required prior work experience for the bidder is as follows: - In case of completion of a single work of similar nature, the work should be costing not less than the amount equal to 80% of the estimated cost put to tender. - In case of completion of two works of similar nature, each work should be costing not less than the amount equal to 50% of the estimated cost put to tender. - In case of completion of three works of similar nature, each work should be costing not less than the amount equal to 40% of the estimated cost put to tender. This experience can be fulfilled by the Joint Venture (JV) itself or by any of its partners, either individually or collectively. The cost of previous completed works shall be given a simple weightage of 5% per year to bring them at the current price level. The estimated cost for joint venture participation is above Rs. 2.0 Crores. The value of experience in proportion to the actual share of the bidder in the joint venture firm/partnership firm will be considered against eligibility, else it shall be taken as 100%. The required prior work experience for the bidder is supported by a Satisfactory Work Completion Certificate issued by the employer against the experience of similar work. Note that this work experience criteria is not applicable for tenders with an estimated cost value (ECV) below 50 lakhs.