Northeast Frontier Railway Tender

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Northeast Frontier Railway - NFR Tender

Works
Civil And Construction
Civil Works Others
Environmental Service
Ireps
Opening Date17 Feb 2025
Closing Date17 Mar 2025
Tender Amount₹ 2,26,43,466.59 

AI Insights

Technical
Bid Capacity
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The bid capacity required in the given tender is calculated using the formula: Available Bid Capacity = [A x N x 2] – 0.33xNxB Where: A = Maximum value of construction works executed and payment received in any one of the previous three financial years or the current financial year N = Number of years prescribed for completion of work for which bids have been invited B = Existing commitments and balance amount of ongoing works with the tenderer For tenders having an advertised value of more than a certain amount, the tenderer will be qualified only if its available bid capacity is equal to or more than the total bid value of the present tender. In the case of a Joint Venture (JV), the arithmetic sum of individual “bid capacity” of all the members shall be taken as JV’s “bid capacity”. However, specific formulas for calculating the bid capacity required based on the type of work (single component or composite) are also provided: 1. For three similar works: \(3 \times 0.3V\) 2. For two similar works: \(2 \times 0.4V\) 3. For one similar work: \(1 \times 0.6V\) Where \(V\) denotes the advertised value of the tender. These formulas help in determining the minimum value of work a tenderer must have completed to be eligible to bid, based on the advertised value of the tender.
Technical Capacity
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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 (seven) 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. For composite works, the tenderer must have successfully completed or substantially completed any one of the following categories of work(s) during the last 07 (seven) 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. The value and percentage of similar works completed are mentioned as follows: - 30% of the advertised value of the tender - 40% of the advertised value of the tender - 60% of the advertised value of the tender - 30% of the advertised value of each component of the tender - 40% of the advertised value of each component of the tender - 60% of the advertised value of each component of the tender - Rs 50 lakh is the amount up to which no previous work experience of the subcontractor shall be required for subletting of work. Additionally, for newly formed partnership firms, the credentials of individual partners from previous proprietary firms or dissolved previous partnership firms shall be considered to the extent of their share in the previous entity on the date of dissolution or split and their share in the newly formed partnership firm. For example, a partner with a 30% share in the previous entity and a 20% share in the present partnership firm will have their credentials considered to the extent of 0.3 * 0.2 * value of the work done in the previous entity. In case of existing partnership firms, if any partner quits, the credentials of the remaining partnership firm shall be re-worked out, with the quitting partner taking away their credentials to the extent of their share on the date of quitting the partnership firm. For instance, if a partner with a 40% share quits, the credentials of the partnership firm shall remain as 60% of the original credentials. The percentage of variation in claimed measurements that can lead to action against the agency is 5% or more of the claimed gross bill amount, and the liquidated damages for incorrect measurements are 10% of the claimed gross bill value on the first occasion and 15% on any subsequent occasion.

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