Central Railway Tender

The bid capacity required to bid in the given tender includes a minimum average annual contractual turnover and an earnest money deposit. The minimum average annual contractual turnover can be calculated using the formula: 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. Given the advertised value of the tender is 99337762.19 and the period of completion is 1 year, the minimum average annual contractual turnover required is 9.933776219 crores. Additionally, the tenderer must have successfully completed or substantially completed specific categories of work(s) during the last 07 years, with costs related to the advertised value of the tender. The categories include: three similar works each costing not less than 30% of the advertised value, two similar works each costing not less than 40% of the advertised value, or one similar work costing not less than 60% of the advertised value. The earnest money requirement is 646700.00 Rs. Therefore, the bid capacity required to bid is a minimum average annual contractual turnover of 9.933776219 crores and an earnest money of 646700.00 Rs.