Varanasi Development Authority Tender

The required prior work experience for the bidder includes completion of similar works during the last 5 years ending the previous month. The bidder must have completed works with a value of at least 40% of the estimated cost put to tender for three similar works, or 60% for two similar works, or 80% for one similar work. The specific requirements are: * Three similar completed works each costing not less than 40% of the estimated cost put to tender * Two similar completed works each costing not less than 60% of the estimated cost put to tender * One similar completed work costing not less than 80% of the estimated cost put to tender The experience required varies based on the nature of the work. The values and percentages mentioned are: - 40% of the estimated cost put to tender for three similar completed works - 60% of the estimated cost put to tender for two similar completed works - 80% of the estimated cost put to tender for one similar completed work The bidder is required to have prior work experience with Government/Semi-Government/PSUs, having completed works during the last 5 years, with the same experience requirements as mentioned above. Additionally, the average annual financial turnover on construction works should be at least 50% of the estimated cost during the immediate last 3 consecutive financial years.