East Coast Railway Tender
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East Coast Railway - ECOR Tender
Works
Ireps
Opening Date25 Feb 2025
Closing Date19 Mar 2025
Tender AmountINR 4,36,15,871.61 (USD 5,04,372)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender can be calculated using the formula: Available Bid Capacity = [A x N x 2] - 0.33xNxB, where A is the maximum value of construction works executed and payment received, N is the number of years prescribed for completion of work, and B is the existing commitments and balance amount of ongoing works. The tenderer will be qualified only if its available bid capacity is equal to or more than the total bid value of the present tender. For tenders having advertised value more than Rs 20 crore, this formula applies. Additionally, the bid capacity of a Joint Venture (JV) is the arithmetic sum of individual "bid capacity" of all the members.
Technical Capacity
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 7 years:
- One similar work costing not less than the amount equal to 60% of the advertised value of the tender,
- Two similar works each costing not less than the amount equal to 40% of the advertised value of the tender,
- Three similar works each costing not less than the amount equal to 30% of the advertised value of the tender.
The values and percentages mentioned are 60%, 40%, and 30% of the advertised value of the tender.
For subcontractors, the required prior work experience is at least one work similar to the work proposed for subcontract, costing not less than 35% value of the work to be subletted, in the last 5 years, unless the subletting work costs up to Rs 50 lakh, in which case no previous work experience is required.
A Work Experience Certificate issued by a Govt. Department/Organisation or a Public listed company with an average annual turnover of Rs 500 crore and above in the last 3 financial years can be considered to fulfill the work experience requirement.
Costs
EMD
INR 3,68,100 (USD 4,257)
Description
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Contact
Tender Id
e-Tender-CENTKUR-333-2024-KHURDA ROAD DIVISION-ENGINEERING/ECORTender No
e-Tender-CENTKUR-333-2024Tender Authority
East Coast Railway ViewPurchaser Address
-Website
ireps.gov.in
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