East Coast Railway Tender

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East Coast Railway - ECOR Tender

Works
Ireps
Opening Date6 Mar 2025
Closing Date28 Mar 2025
Tender AmountINR 3,65,66,969.6 (USD 4,18,576)

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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To determine the bid capacity required, we look at the technical eligibility criteria and the advertised value of the tender. The advertised value is given as 36566969.60. The technical eligibility criteria specify that the tenderer must have successfully completed or substantially completed any one of the following categories of work(s) during the last 07 (seven) years: (i) Three similar works each costing not less than 30% of the advertised value, (ii) Two similar works each costing not less than 40% of the advertised value, (iii) One similar work costing not less than 60% of the advertised value. Calculating these values: (i) 30% of 36566969.60 = 10970090.88, so three similar works each costing not less than 10970090.88. (ii) 40% of 36566969.60 = 14626787.84, so two similar works each costing not less than 14626787.84. (iii) 60% of 36566969.60 = 21940181.76, so one similar work costing not less than 21940181.76. Therefore, the bid capacity required can be expressed with the following values and formulas: - Three similar works: 3 * 10970090.88 - Two similar works: 2 * 14626787.84 - One similar work: 21940181.76 These are the minimum requirements for the bid capacity. The bid capacity required in the given tender can be extracted from the "Technical Eligibility Criteria" with specific values and formulas provided. The formulas for technical eligibility are: (i) 3 * 0.3 * Advertised Value (ii) 2 * 0.4 * Advertised Value (iii) 1 * 0.6 * Advertised Value Given the advertised value of 36566969.60, the specific bid capacity required for each category can be calculated directly from these formulas. Thus, the bid capacity required for the tender is found with specific values and formulas.
Technical Capacity
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The bidder must have successfully completed or substantially completed specific categories of work during the last 7 years. These categories include: (i) Three similar works each costing not less than 30% of the advertised value of the tender, (ii) Two similar works each costing not less than 40% of the advertised value of the tender, or (iii) One similar work costing not less than 60% of the advertised value of the tender. The similar work is defined as Construction/repairs/maintenance of Civil Engineering works. The work experience certificates from government organizations or public listed companies with an average annual turnover of Rs 500 crore and above are accepted.

Costs

  • EMD

    INR 3,32,800 (USD 3,810)

Description

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