Uttar Pradesh State Industrial Development Authority Tender

A class approved license issued by the Directorate of Electrical Safety of Uttar Pradesh.

The bid capacity required in the given tender involves the following: 1. Solvency: The tenderer must have a solvency of at least 40% of the total estimated cost of the work, which is Rs. 31041885.20. 2. Experience in Similar Works: The tenderer must have experience in works of a similar nature, with the following options: - At least 03 jobs each of similar nature of value not less than 40% of the estimated cost of work (Rs. 31041885.20 each). - Alternatively, at least 02 jobs each of similar nature of value not less than 60% of the estimated cost of work (Rs. 46562827.82 each). - Or, at least 01 job of similar nature of value not less than 80% of the estimated cost of work (Rs. 62083770.64). 3. Turnover: The average annual financial turnover from the core business should be at least 30% of the estimated cost of the tender during the immediate last 03 consecutive financial years, which is Rs. 23282113.92. The formula for the minimum average annual turnover required is: Minimum Average Annual Turnover Required = 0.3 * Estimated Cost of Tender Where the estimated cost of the tender is Rs. 7,76,04,713.03.