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 as follows: - 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. In case of projects having an estimated cost put to tender above a certain threshold, the minimum eligibility criteria for similar work experience is defined by considering the estimated cost put to tender as the threshold value. The bidder needs to provide details of similar works completed, including the final approved value of the contract, denoted as 'X', and the cost of items supplied by the employer free of cost or at fixed rates, denoted as 'Y'. The total cost of work on completion, including the cost of supplies free of cost or at fixed rates, is denoted as 'X+Y'. Additionally, the average annual audited financial turnover for the last 3 years should be at least 40% of the estimated cost put to tender.