Southern Railway Tender

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. For composite works, the tenderer must have completed similar works with values of at least 30%, 40%, or 60% of the advertised value of each component of the tender. No specific eligibility criteria are prescribed for works costing less than 50 lakhs. The bidder must have a minimum average annual contractual turnover, calculated based on the total contractual payments in the previous three financial years, with the value for works costing more than Rs.50 lakhs being a minimum average annual contractual turnover of V/N or 'V' whichever is less; where V= Advertised value of the tender in crores of Rupees N= Number of years prescribed for completion of work for which bids have been invited.