Northeast Frontier Railway Tender

The required prior work experience for the bidder includes successfully completing or substantially completing certain categories of work(s) during the last 07 years. The categories are: (i) Three similar works each costing not less than the amount equal to 30% of the advertised value of the tender, (ii) Two similar works each costing not less than the amount equal to 40% of the advertised value of the tender, or (iii) One similar work costing not less than the amount equal to 60% of the advertised value of the tender. The definition of similar work is any Telecom work. Work experience certificates from private individuals are not considered, but those from government organizations or public listed companies with an average annual turnover of Rs 500 crore and above in the last 3 financial years are accepted. Additionally, the bidder's experience is also measured by their ability to execute construction works of a certain value within a specified timeframe, which is calculated using the Available Bid Capacity formula: Available Bid Capacity = [A x N x 2] – B, where A is the maximum value of construction works executed and payment received in any one of the previous three financial years or the current financial year, N is the number of years prescribed for completion of work, and B is the existing commitments and balance amount of ongoing works with the tenderer. For tenders costing more than Rs 20 crore, the eligibility criteria include bid capacity, which means the tenderer must have an available bid capacity equal to or more than the total bid value of the present tender. The required prior work experience is related to the "Maximum value of construction works executed and payment received in any one of the previous three financial years or the current financial year", represented by the variable 'A' in the Bid Capacity formula. The percentages of similar works completed mentioned are 30%, 40%, and 60% of the advertised value of the tender for categories (i), (ii), and (iii) respectively. The amount for similar works completed is not less than the amount equal to these percentages of the advertised value of the tender. The average annual turnover for accepted work experience certificates is Rs 500 crore. The value of 'A' and 'B' in the Bid Capacity formula is not explicitly stated, but 'A' is the maximum value of construction works executed and payment received, and 'B' is the existing commitments and balance amount of ongoing works. The bidder needs to provide details of existing commitments and balance amount of ongoing works, as well as the amount of payment received for previous works. The bidder also needs to furnish a statement of all works in progress, which includes particulars of works carried out, duration of execution, contract number, date, and value, as well as the amount of payment received. The bidder needs to provide a guarantee bond, which includes an undertaking to pay an amount not exceeding a specified limit in case of breach of contract, but this amount is not explicitly stated. Overall, the required prior work experience for the bidder includes specific categories of work, calculated using the Available Bid Capacity formula, and related to the maximum value of construction works executed and payment received. The percentages of similar works completed are 30%, 40%, and 60%, and the amount is not less than these percentages of the advertised value of the tender.