Eastern Railway Tender
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Eastern Railway - ER Tender
Works
Ireps
Opening Date13 Feb 2025
Closing Date7 Mar 2025
Tender AmountINR 3,10,46,569.32 (USD 3,54,527)
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Technical
Financial
Bid Capacity
The bid capacity required in the given tender to bid is specified in terms of financial eligibility criteria.
The minimum 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.
The formula for calculating the minimum average annual contractual turnover is:
Minimum Average Annual Contractual Turnover = 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.
Given the Advertised Value of 31046569.32 and the Period of Completion of 15 Months (1.25 years),
V = 31.04656932 (in crores of Rupees, after converting the Advertised Value to crores)
N = 1.25
Minimum Average Annual Contractual Turnover = 31.04656932 / 1.25 or 31.04656932, whichever is less
Minimum Average Annual Contractual Turnover = 24.83725546 or 31.04656932, whichever is less
Minimum Average Annual Contractual Turnover = 24.83725546
Additionally, the tender has an Earnest Money (Rs.) of 305200.00, Validity of Offer (Days) of 60, and Period of Completion of 15 Months.
Technical Capacity
The required prior work experience for the bidder includes successfully completing or substantially completing similar works during the last 07 years. The similar nature of work for this tender is the execution of P. Way works.
The bidder must have completed any one of the following categories of work(s):
(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,
(iii) One similar work costing not less than 60% of the advertised value of the tender.
Given the advertised value of the tender is Rs 1606310.00, the values for the above categories can be calculated as follows:
(i) 30% of the advertised value: 0.3 * 1606310 = Rs 481893
(ii) 40% of the advertised value: 0.4 * 1606310 = Rs 642524
(iii) 60% of the advertised value: 0.6 * 1606310 = Rs 963786
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 years:
(i) Three similar works each costing not less than 30% of the advertised value of each component of the tender,
(ii) Two similar works each costing not less than 40% of the advertised value of each component of the tender,
(iii) One similar work each costing not less than 60% of the advertised value of each component of the tender.
The bidder should have previous experience and financial status, with documents testifying to this experience, including certificates and testimonials regarding contracting experience for the type of job for which the tender is invited.
Additionally, the tenderer must have a minimum average annual contractual turnover, which is calculated based on the advertised value of the tender and the number of years prescribed for completion of the work. However, the number of years for completion is not mentioned.
The required prior work experience for the bidder is related to the completion of similar nature of work for Technical Eligibility Criteria and Total contract value for Financial Eligibility Criteria.
The documents in support of fulfillment of eligibility criteria should be submitted/uploaded online.
Costs
EMD
INR 3,05,200 (USD 3,485)
Description
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Contact
Tender Id
TN-244-24-25-SEALDAH DIVISION-ENGINEERING/EASTERN RLYTender No
TN-244-24-25Tender Authority
Eastern Railway ViewPurchaser Address
-Website
ireps.gov.in
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Documents
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