Uttar Pradesh Rajkiya Nirman Nigam Tender

The required prior work experience for the bidder is not explicitly stated in terms of years, but it is mentioned that the bidder's bidding capacity should be equal to or more than the estimated cost of the work put to tender. The bidding capacity is calculated using the formula: Bidding Capacity = {[AxNxM]-B}, where A is the maximum value of civil engineering works executed in any one year during the last five years, N is the number of years prescribed for completion of the works, M is taken as 2.0, and B is the value of existing commitments and ongoing works to be completed during the next 1.5 years. The value of similar works completed is not explicitly mentioned, but the bidder must have completed similar works with a value of at least the estimated cost of the work put to tender. The percentage of similar works completed is also not explicitly mentioned. However, the evaluation criteria for experience in similar class of works is provided, where 60% marks are awarded for meeting the minimum eligibility criteria, 100% marks for twice the minimum eligibility criteria or more, and pro-rata basis for in-between cases. The bidder is required to provide details of all works of similar nature completed during the last seven years, including the cost of work. The bidder must also demonstrate access to liquid assets and/or credit facilities of not less than 10% of the value of the contract and undertake to invest a minimum cash of up to 25% of the contract value during implementation of the work.