Central Railway Tender

The required prior work experience for the bidder is 3 years for the same or similar service. The bidder should have completed one similar service costing not less than 80% of the estimated cost. Alternatively, the bidder can also have three similar completed services costing not less than 40% of the estimated cost, or two similar completed services costing not less than 50% of the estimated cost. The minimum average annual turnover of the bidder should be 254 Lakh for 3 years. The estimated bid value is INR 50656819.91. In terms of specific values and percentages, the bidder should have completed similar services with the following requirements: - One similar completed service costing not less than 80% of the estimated cost (which is INR 50656819.91), so the value is not less than 80% of INR 50656819.91. - Three similar completed services costing not less than 40% of the estimated cost, so the value is not less than 40% of INR 50656819.91. - Two similar completed services costing not less than 50% of the estimated cost, so the value is not less than 50% of INR 50656819.91. The calculated values are: - 80% of INR 50656819.91 = INR 40525455.93 - 40% of INR 50656819.91 = INR 20262727.96 - 50% of INR 50656819.91 = INR 25328409.96 These values represent the minimum amount the bidder should have completed in similar services.