Technical Capacity. The tenderer(s) in their own name should have satisfactorily executed the work of similar nature MCGM /Semi Govt. /Govt. & Public Sector Organizations during last seven (7) years ending last day of month previous to the one in which bids are invited as a prime Contractor (or as a nominated sub-Contractor, where the subcontract had involved similar nature of work as described in the scope of works in this bid document, provided further that all other qualification criteria are satisfied) a) Three similar completed works each of value not less than the value equal to 20% of estimated cost put to tender. b) Two similar completed works each of value not less than the value equal to 25% of estimated cost put to tender. c) One similar completed work of value equal and or not less than the 40% of estimated cost put to tender. The value of executed works shall be brought to current costing level by enhancing the actual value of work at compound rate of 10 % per annum; calculated from the date of completion to last date of receipt of applications for tenders.
Appears in 1 contract
Sources: E Tender for Biannual Works Contract
Technical Capacity. The tenderer(s) in their own name should have satisfactorily executed the work of similar nature with MCGM /Semi /Govt./Semi Govt. /Govt. & or Public Sector Organizations during last seven (7) years ending last day of month previous to the one in which bids are invited as a prime Contractor (or as a nominated sub-Contractor, subcontractor where the subcontract had involved similar nature of work as described in the scope of works work in this bid document, provided further that all other qualification criteria are satisfied).
a) I. Three similar completed works each of value not less than the value equal to 20% of estimated cost put to tender.
b) II. Two similar completed works each of value not less than the value equal to 25% of estimated cost put to tender.
c) III. One similar completed work of value equal and or /or not less than the 40% of estimated cost put to tender. The value of executed works shall be brought to current costing level by enhancing the actual value of work at compound rate of 10 % per annum; calculated from the date of completion to the last date of receipt of applications for tenders.
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Sources: Maintenance Agreement