Irrigation And Waterways Department Tender

The required prior work experience for the bidder includes having satisfactorily completed at least one work of similar nature under the Government Sector within the last five financial years, with a gross monetary value of at least 30% of the amount put to tender. For Consortiums/Joint Ventures, this value is at least 60% of the amount put to tender. The bidder must have completed works of similar nature, with the value of such works being a critical factor in determining eligibility. The average annual financial turnover of the bidder should be at least 30% of the amount put to tender, while for Consortiums/Joint Ventures, it should be at least 90% of the amount put to tender. The percentage of similar works completed is at least 25% of the Tender BOQ. The amount put to tender for the work is ₹ 25,257,266.00. The earnest money deposit is ₹ 505,145.00. The minimum eligibility criteria for the bidder to match the Prequalification (PQ) works credential in terms of execution of similar previous works contract include: - At least 30% of the amount put to tender for individual bidders - At least 60% of the amount put to tender for Consortiums/Joint Ventures - At least 90% of the amount put to tender for Consortiums or Joint Ventures in terms of average annual turnover The bidder should have an average annual turnover of at least ₹ 7,577,280.00 (30% of ₹ 25,257,266.00) for individual bidders, and at least ₹ 22,731,039.00 (90% of ₹ 25,257,266.00) for Consortiums or Joint Ventures. The net worth in any three preceding financial years should be positive. Milestones for completion of the work include: - 20 days: 25% - 45 days: 50% - 70 days: 75% - 90 days: 100% Other values mentioned include: - ₹ 9,487,370.00 (turnover for three FYs within the zone of preceding five FY) - ₹ 18,975,740.00 (turnover for three FYs within the zone of preceding five FY)