North East Frontier Railway Tender

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North East Frontier Railway - NFR Tender

Services
Manpower Supply
GEM
Opening Date5 Feb 2025
Closing Soon26 Feb 2025
Tender Amount₹ 3,38,11,147 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required can be calculated using the following formulas and values: 1. For three similar services: 3 * 0.4 * 33811147 = 40533376.4 2. For two similar services: 2 * 0.5 * 33811147 = 33811147 3. For one similar service: 1 * 0.8 * 33811147 = 27048917.6 These values indicate the minimum experience in terms of value that a bidder must have to be eligible.
Technical Capacity
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The required prior work experience for the bidder is as follows: - The bidder must have successfully executed/completed similar services over the last three years with specific requirements such as: - Three similar completed services costing not less than 40% of the estimated cost. - Two similar completed services costing not less than 50% of the estimated cost. - One similar completed service costing not less than 80% of the estimated cost. - Alternatively, the bidder must have 1 year of experience in providing similar type of services to any Central / State Govt Organization / PSU. - The bidder should have an average annual financial turnover of 338 Lakh in the last three years. - The required prior work experience for the bidder is 1 Year, with a requirement for past experience of similar services. - The minimum average annual turnover for 3 years is 338 Lakh. - The experience should be for the "same/similar service". The estimated cost related to the Estimated Bid Value is 33811147. The Minimum Average Annual Turnover of the bidder is 338 Lakh.

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