Eastern Railway Tender

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Eastern Railway - ER Tender

Works
Civil And Construction
Bridge Construction
Ireps
Opening Date5 Feb 2025
Closing Soon27 Feb 2025
Tender AmountINR 2,71,75,633.66 (USD 3,14,258)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid is mentioned with a formula. The tenderer must have a minimum average annual contractual turnover of V/N or 'V' whichever is less. Here, V = Advertised value of the tender in crores of Rupees, and N = Number of years prescribed for completion of work for which bids have been invited. Given values are: V = 27175633.66 (in rupees), which is approximately 271.76 crores, and N = 12 months, which is 1 year (since the period of completion is 12 months). So, the formula becomes: Minimum average annual contractual turnover = 271.76/1 or 271.76, whichever is less. Therefore, the minimum average annual contractual turnover required is 271.76 crores.
Technical Capacity
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The required prior work experience for the bidder includes successfully completing or substantially completing certain similar works within the last 07 years. The specific requirements are as follows: - 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 each costing not less than 60% of the advertised value of the tender. For composite works, the tenderer must have completed: - Three similar works for each component, each costing not less than 30% of the advertised value of each component, - Two similar works for each component, each costing not less than 40% of the advertised value of each component, - One similar work for each component, each costing not less than 60% of the advertised value of each component. Additionally, for subletting of work, the subcontractor must have successfully completed at least one work similar to the work proposed for subcontract, costing not less than 35% of the value of the work to be subletted, in the last 5 years, except for subletting of work costing up to Rs 50 lakh, where no previous work experience is required.

Costs

  • EMD

    INR 2,85,900 (USD 3,306)

Description

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