East Coast Railway Tender
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Bid Capacity
The bid capacity required in the given tender to bid can be calculated using the formula:
Average annual contractual turnover = (Total contractual payments in the previous three financial years) / 3
The tenderer must have a minimum average annual contractual turnover of V/N or 'V' whichever is less, where:
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.
For small value contracts (Tender Value less than Rs.50 lakh), the bid capacity required is 10, and for other contracts (Tender Value equal to or more than Rs.50 lakh), the bid capacity required is 5.
Additionally, the technical eligibility criteria require the tenderer to 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 the amount equal to 30% of advertised value of the tender,
(ii) Two similar works each costing not less than the amount equal to 40% of advertised value of the tender,
(iii) One similar work costing not less than the amount equal to 60% of advertised value of the tender.
Formulas for calculating the required bid capacity:
- 30% of advertised value of the tender for three similar works
- 40% of advertised value of the tender for two similar works
- 60% of advertised value of the tender for one similar work
However, the exact bid capacity required cannot be calculated without the actual advertised value of the tender.
Technical Capacity
The required prior work experience for the bidder includes a work experience certificate from a government organization or a public listed company with an average annual turnover of Rs. 500 crore and above in the last 3 financial years. The certificate should be issued by a person authorized by the company to issue such certificates.
For combined nature of work, the tenderer should enclose a work completion certificate with a clear cut completed/paid value of the similar nature of work from the certificate of the combined work.
The bidder must have successfully completed or substantially completed any one of the following categories of work(s) during the last 07 (seven) years:
- Three similar works each costing not less than 30% of the advertised value of the tender,
- Two similar works each costing not less than 40% of the advertised value of the tender,
- One similar work costing not less than 60% of the advertised value of the tender.
In case of tenders for composite works, the tenderer must have successfully completed or substantially completed any one of the following categories of work(s) during the last 07 (seven) years:
- Three similar works each costing not less than 30% of the advertised value of each component of the tender,
- Two similar works each costing not less than 40% of the advertised value of each component of the tender,
- One similar work each costing not less than 60% of the advertised value of each component of the tender.
For subletting of work, the subcontractor shall have successfully completed 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. However, for subletting of work costing up to Rs 50 lakh, no previous work experience of the subcontractor is required.
The required prior work experience includes:
- Average annual turnover of Rs. 500 crore and above in the last 3 financial years
- Completed/paid value of the similar nature of work from the certificate of the combined work
- 30% of the advertised value of the tender
- 40% of the advertised value of the tender
- 60% of the advertised value of the tender
- 35% value of the work to be subletted
- Rs 50 lakh (no previous work experience required for subletting of work up to this amount)
Costs
EMD
INR 2,82,800 (USD 3,272)
Summary
Execution Of Left Over Works Between Sbp-mane Section In Connection With Sbp- tlhr Doubling Project In Sambalpur Division.
Description
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Contact
Tender Id
39-eT-DENE-SBP-24-SAMBALPUR DIVN-ENGG/ECORTender No
39-eT-DENE-SBP-24Tender Authority
East Coast Railway ViewPurchaser Address
-Website
ireps.gov.in
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