Central Railway Tender

The required prior work experience for the bidder is that they should have satisfactorily completed one similar single service contract for a minimum of 35% of the advertised value of the bid. The advertised value of the bid is 31853786.8, and 35% of this value is approximately 11138871.88. The client's certificate should clearly mention the amount of similar work and total bills paid separately. For on-going work, details of the value of work done up to the last day of the previous month of tender submission will only be considered. The bidder's experience in similar work is considered, and the value of similar work done should be mentioned in the client's certificate. However, specific information on the required prior work experience for the bidder in terms of years is not mentioned. The bidder should have an aggregate financial turnover not less than 1.5 times the advertised Bid value during the last three previous financial years and in the current financial year up to the date of opening of the tender. The penalty imposed for the period of the bill amount should also be mentioned in the client's certificate. If the penalty imposed exceeds 50% of the applicable maximum penalty, a Performance Guarantee (PG) equivalent to 25% of the applicable PG shall be forfeited. If the penalty imposed exceeds 75% of the applicable maximum penalty, a PG equivalent to 50% of the applicable PG shall be forfeited. The applicable maximum penalty for this work is 16% of the contract value. The value of work done and the total bills paid should be mentioned separately in the client's certificate. The bidder's financial turnover and the value of similar work done are considered in the evaluation of bids. The bidder should have access to or has available liquid assets, lines of credit, and other financial means to meet cash flow that is valued at 5% of the estimated bid value net of the applicant's commitments for other contracts. In terms of percentage, the bidder should have an aggregate financial turnover not less than 1.5 times the advertised Bid value, and the applicable maximum penalty for this work is 16% of the contract value. The Performance Guarantee (PG) equivalent to 25% or 50% of the applicable PG shall be forfeited if the penalty imposed exceeds 50% or 75% of the applicable maximum penalty, respectively. The bidder should have access to or has available liquid assets, lines of credit, and other financial means to meet cash flow that is valued at 5% of the estimated bid value. The bidder's experience in similar work is considered, but the specific percentage of similar work completed is not mentioned. However, the value of similar work done should be mentioned in the client's certificate. The bidder's financial turnover and the value of similar work done are considered in the evaluation of bids. The required prior work experience for the bidder includes: - Minimum 35% of the advertised value of the bid (approximately 11138871.88) - Aggregate financial turnover not less than 1.5 times the advertised Bid value - Access to or available liquid assets, lines of credit, and other financial means to meet cash flow that is valued at 5% of the estimated bid value - Applicable maximum penalty for this work is 16% of the contract value - Performance Guarantee (PG) equivalent to 25% or 50% of the applicable PG shall be forfeited if the penalty imposed exceeds 50% or 75% of the applicable maximum penalty, respectively.