Uttar Pradesh State Industrial Development Authority Tender

A class approved license is required for Electrical works.

The bid capacity required includes both financial capabilities and technical capabilities. For financial capabilities: - Solvency: 40% of the total estimated cost of the work. - Turnover: Average annual financial turnover from the core business should be at least 30% of the estimated cost of the tender during the immediate last 3 consecutive financial years. For technical capabilities: - Experience: - At least 3 jobs, each of similar nature, with a value not less than 40% of the estimated cost of the work. - At least 2 jobs, each of similar nature, with a value not less than 60% of the estimated cost of the work. - At least 1 job of similar nature, with a value not less than 80% of the estimated cost of the work. Given the total estimated cost of the work as 46140933.00 INR, - The solvency required is 40% of this amount, which is 18456373.00 INR. - The experience required can be calculated based on the estimated cost of the work, which is 46140933.00 INR. - 40% of the estimated cost is 18456373.00 INR. - 60% of the estimated cost is 27684560.00 INR. - 80% of the estimated cost is 36912746.00 INR. - The average annual financial turnover required is at least 30% of the estimated cost of the tender, which is 13842280.00 INR per year for 3 years.