UP Jal Nigam Tender

The bidder should have prior work experience in similar works, including construction, supply, installation, testing, and successful commissioning. The experience of works can be in government works or private organizations. For government works, the bidder needs to provide details of the work, including the name of the work/project, location, nature of work, estimated cost, actual completion cost, date of start, date of completion, and performance report. For private organizations, the bidder needs to provide a certificate from the client, including details such as the name of the project, scope of work, cost of the project, contract value, date of start, completed value, date of completion, time overrun, payments made, and performance report. The bidder should have completed similar works during the last ten years, with the cost of work being the gross value of the completed work. The average annual financial turnover during the immediate last 3 consecutive financial years ending on 31.03.2024 on construction work should be at least 30% of the project cost put to tender. The value of executed works/turnover shall be brought to the current cost level by enhancing the actual value at a rate of 7% per annum. The bidder should have completed similar works with a value that can be escalated to the current costing level, with an escalation factor of 1.07 for 2022-2023, 1.14 for 2021-2022, 1.21 for 2020-2021, and 1.28 for 2019-2020. However, specific values and percentages for similar works completed are not mentioned, except for the turnover requirement of at least 30% of the project cost. The bidder should have a solvency of minimum 40% of the estimated cost put to tender. The available Bid Capacity shall be assessed using the formula: Assessed Available Bid Capacity = 2 x A x N – B, where A = Maximum turnover during the last five financial years (corrected to the current level of value), N = Stipulated period of execution of the work for which the tender is invited in years, and B = Value of existing commitments to be completed during the execution period of the bid.