UP Jal Nigam Tender

The required prior work experience for the bidder includes: - Two similar completed and commissioned works costing not less than 40% of the cost of the work put to bid, or - One similar completed and commissioned work costing not less than 60% of the cost of the work put to bid. Alternatively, the experience required is as follows: - Three similar completed and commissioned works, each costing not less than 30% of the cost of the work put to bid. The value of experience on construction works should be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum, calculated from the date of completion to the date of publication of the NIT. The bidder should have successfully completed and commissioned similar works during the last ten years as of the date of publication of the NIT. In terms of percentage, the bidder should have completed at least 80-100% of their previous works. The bidder should have a minimum average audited annual turnover on construction works of at least 30% of the cost of work put to tender during the immediate last three consecutive financial years.