NBCC India Limited Tender

The required prior work experience for the bidder includes having successfully completed similar works during the last 7 years. The minimum eligibility criteria for similar work experience are: - Three similar works each costing not less than 40% of the estimated cost put to tender, - Two similar works each costing not less than 50% of the estimated cost put to tender, - One similar work costing not less than 80% of the estimated cost put to tender. The bidder must provide details of at least three similar works completed. The value of executed works shall be brought to the current level by enhancing the actual value of work done at a simple rate of 7% per annum. The average annual audited financial turnover for the last three years must be at least 40% of the estimated cost put to tender. The bidder should have earned profit in at least one year in the available last three consecutive balance sheets. The value of annual turnover figures shall be brought to the current value by enhancing the actual turnover figures at a simple rate of 7% per annum. In case of projects having ECPT above Rs. 1000 Cr., the minimum eligibility criteria for similar work experience is defined by considering ECPT as Rs. 1000 Cr. The bidder must provide a work experience certificate that includes details of previous projects, such as agreement amount, cost of work on completion, and type of work.