Uttar Pradesh Projects Corporation Limited Tender

The bidder should furnish information regarding prior work experience, including a list of all works of similar nature successfully completed during the last seven years in Form “C”. For any civil work other than building work, if there is a significant component in the work other than normal building work, then this component should be considered as the main component of the work for the purpose of definition of similar work. The agency should have executed one similar work with a minimum of one basement under one agreement if the work involves construction of two or more basements. The annual financial turnover during the last 5 years ending 31st March of the previous financial year should be at least 30% of the estimated cost. The value of executed works shall be brought to the current costing level by enhancing the actual value of work at a given rate. Additionally, the bidding capacity of the contractor should be equal to or more than the work put to tender, calculated using the formula: Bidding Capacity = {[AxNx2.5]-B}, where A is the maximum turnover in construction works executed in any one year during the last seven years, N is the number of years prescribed for completion of work, and B is the value of existing commitments and ongoing works to be completed during the period of completion of work. The bidder should not have incurred any loss in more than 2 years during the last 5 years ending 31st March of the previous financial year. Solvency of 40% of the estimated cost from a bank or 10% solvency of the estimated cost from a financial institution is required.