Common use of General Experience Clause in Contracts

General Experience. The Applicant shall meet the following minimum criteria: (a) Average annual turnover (defined as billing for works in progress and completed in all classes of civil engineering construction works only) over the last five years of 40 per cent of the value of contract/contracts applied for. (b) Experience in successfully completing or substantially completing at least one contract of highway (road and/or bridge works)/airport runway of at least 40 per cent of the value of proposed contract within the last five years. The works may have been executed by the Applicant as prime contractor or as a member of joint venture or sub contractor. As sub contractor, he should have acquired the experience of execution of all major items of works under the proposed contract. In case a project has been executed by a joint venture, weightage towards experience of the project would be given to each joint venture in proportion to their participation in the joint venture. Substantially completed works means those works which are at least 90% completed as on the date of submission (ie. Gross value of work done up to the last date of submission is 90% or more of the original contract price) and continuing satisfactorily. For these a certificate from the employer shall be submitted along with the application incorporating clearly the name of the work, Contract value, billing amount, date of commencement of works, satisfactory performance of the contractor and any other relevant information.

General Experience. The Applicant applicant shall meet the following minimum criteria: (a) Average annual turnover (defined as billing for works in progress and completed in all classes of civil engineering construction works only) over the last five years of 40 per cent of the value of contract/contracts applied for. (b) Experience in successfully completing or substantially completing at least one contract of highway (road and/or and / or bridge works)/airport works) airport runway of at least 40 per cent of the value of proposed contract within the last five years. The works may have been executed by the Applicant as prime contractor or as a member of joint venture or sub contractor. As sub contractor, he should have acquired the experience of execution of all major items of works under the proposed contract. In case a project has been executed by a joint venture, weightage towards experience of the project would be given to each joint venture in proportion to their participation in the joint venture. Substantially completed works means those works which are at least 90% completed as on the date of submission (ie. Gross i.e. gross value of work done up to the last date of submission is 90% or more of the original contract price) and continuing satisfactorily. For these these, a certificate from the employer shall be submitted along with the application incorporating clearly the name of the work, Contract contract value, billing amount, date of commencement of works, satisfactory performance of the contractor and any other relevant information.