Northeast Frontier Railway Tender
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Bid Capacity
The bid capacity required to bid can be determined using the formula: Minimum Average Annual Contractual Turnover = V/N or V, whichever is less.
Here, V = Advertised value of the tender in crores of Rupees, and N = Number of years prescribed for completion of work for which bids have been invited.
Given that the Advertised Value is 59210956.59 and the Period of Completion is 6 Months (which is 0.5 years), we can calculate the bid capacity as follows:
First, convert the Advertised Value to crores of Rupees: 59210956.59 / 10000000 = 5.921095659 crores
Then, calculate V/N: 5.921095659 / 0.5 = 11.842191318
Since V (5.921095659) is less than V/N (11.842191318), the Minimum Average Annual Contractual Turnover is V, which is 5.921095659 crores.
The average annual contractual turnover shall be calculated as an average of 'total contractual payments' in the previous three financial years, as per the audited balance sheet.
So, the formula for bid capacity required is:
Average Annual Contractual Turnover = (Total Contractual Payments in previous 3 years) / 3
Where, Total Contractual Payments in previous 3 years = Total payments received in year 1 + Total payments received in year 2 + Total payments received in year 3
The minimum Average Annual Contractual Turnover required is 5.921095659 crores.
Technical Capacity
The required prior work experience for the bidder includes successfully completing or substantially completing any one of the following categories of work(s) during the last 07 years:
- Three similar works each costing not less than 30% of the advertised value of the tender,
- Two similar works each costing not less than 40% of the advertised value of the tender,
- One similar work costing not less than 60% of the advertised value of the tender.
In case of composite works, the tenderer must have successfully completed or substantially completed any one of the following categories of work(s) during the last 07 years:
- Three similar works each costing not less than 30% of the advertised value of each component of the tender,
- Two similar works each costing not less than 40% of the advertised value of each component of the tender,
- One similar work each costing not less than 60% of the advertised value of each component of the tender.
For subletting of work, the subcontractor must have successfully completed at least one work similar to the work proposed for subcontract, costing not less than 35% value of the work to be subletted, in the last 5 years. However, for subletting of work costing up to Rs 50 lakh, no previous work experience of the subcontractor is required. The value of the work to be executed is mentioned as rupees two hundred (200) lakhs and above for a qualified Graduate Engineer, and more than rupees twenty-five (25) lakhs but less than rupees two hundred (200) lakhs for a qualified Diploma Holder (Engineer).
Costs
EMD
₹ 4,46,100Document Cost
Refer DocumentsTender Fee
Refer Documents
Summary
At Rny Division: - Provision Of Iot Devices/intelligent Field Devices (ifds) For Monitoring & Control (indian Railways Native Iot Based Yield Analysis Telemetry, Recording And Control -ir-niyantrac) Of Electrical General Assets Like Pump, Platform (30/70%) Lighting, Street Lighting, Etc At Rny, Bngn, Nbq, Dtx, Glpt & Rpan. (phase -ii).
Description
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Contact
Tender Id
RNY-EL-T-13-2024-25-RANGIYA DIVISION-ELECTRICAL/N F RLYTender No
RNY-EL-T-13-2024-25Tender Authority
Northeast Frontier Railway ViewPurchaser Address
-Website
ireps.gov.in
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