Overview
Invitation for bids for the construction of a Wellness Centre along with a High-End Fountain at Nagrota Bagwan, District Kangra, Himachal Pradesh.
Required Experience
- Minimum Average Annual Construction Turnover (AACT) for the last five (5) Financial Years [FYs, 2020 -21, 2021 -22, 2022 -23, 2023 -24, 2024 -25]. Minimum value should be as detailed below - Sole Bidder INR 1816 Million, Joint Venture One partner must meet or exceed its required share of 40% INR 726 Million, Each partner must meet or exceed its required share of 25% INR 454 Million, The combined financial resources of the Joint Venture INR 1816 Million.
- Must demonstrate availability of Financial Resources (less its financial obligations for current contract commitments), meets or exceeds the total requirement for the subject contract, as detailed below: Sole Bidder INR 303 Million, Joint Venture One partner must meet or exceed its required share of 40% INR 121 Million, Each partner must meet or exceed its required share of 25% INR 76 Million, The combined financial resources of the Joint Venture INR 303 Million.
- Contracts of Similar Size and Nature:
(i) Participation as a contractor, Joint Venture partner, or Subcontractor, in at least one (1) contract that has been satisfactorily and substantially completed within the last seven (7) years and that is similar to the proposed works, where the value of the Bidder’s participation exceeds INR 1453.06 Million .
(ii) Participation as a contractor, Joint Venture partner, or Subcontractor, in at least two (2) contracts that have been satisfactorily and substantially completed within the last seven (7) years and that is similar to the proposed works, where the value of the Bidder’s participation exceeds INR 908.16 Million.
