East Central Railway Tender

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With BidAssist, you can search for multiple business options for RWD Bihar tenders, RCD Bihar tenders, and any other e tender Bihar government is inviting bids for. Such Bihar tenders are posted on the eprocurement Bihar website, and on this page, you will get consolidated lists of Bihar tenders that can be sorted based on authority, department, city, and more.

East Central Railway - ECR Tender

Works
Civil And Construction
Building Construction
Ireps
Opening Date20 Feb 2025
Closing Date18 Mar 2025
Tender AmountINR 2,16,91,576.67 (USD 2,49,965)
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AI Insights

Bid Capacity
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The bid capacity required to bid in the given tender is determined by the average annual contractual turnover. For tenders with an advertised value above 50 lakh, the tenderer must have a minimum average annual contractual turnover of V/N or 'V' whichever is less. The formula to calculate this is: 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 The average annual contractual turnover is calculated as an average of "total contractual payments" in the previous three financial years, as per the audited balance sheet.
Technical Capacity
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The bidder must have successfully completed or substantially completed certain categories of work(s) during the last 7 years. The required prior work experience includes: 1. Three similar works costing not less than 30% of the advertised value of the tender, 2. Two similar works costing not less than 40% of the advertised value of the tender, 3. One similar work costing not less than 60% of the advertised value of the tender. Substantially completed work means an ongoing work in which payment equal to or more than 90% of the present contract value has been made to the contractor. Examples of specific works and their values are: earthwork in excavation by mechanical means, with a quantity of 50 cum, a rate of 205.45, and an amount of 10272.5. The percentage of similar works completed is 90% for substantially completed work.

Costs

  • EMD

    INR 2,58,500 (USD 2,979)

Description

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