Integral Coach Factory Tender

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Search from a plethora of business opportunities for Tamil Nadu tenders posted on the eProcurement TamilNadu website and other online and offline sources. Here, on BidAssist, you can find the best tender opportunities to boost your enterprise by finding work in Tamil Nadu government tenders, PSUs, Municipal Corporations and more. Read on to learn about the bidder registration process, DSC and more.

Integral Coach Factory - ICF Tender

Works
Civil And Construction
Civil Works Others
Ireps
Opening Date11 Mar 2025
Closing Date2 Apr 2025
Tender AmountINR 5,39,91,443.87 (USD 6,19,668)

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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To calculate the bid capacity required, we use the formula: V/N or "V" whichever is less, where V = Advertised value of the tender and N = Number of years prescribed for completion of work. Given that the Advertised Value (V) is 53,991,443.87 and the Period of Completion is 24 months, which is 2 years, we can calculate the bid capacity as follows: V = 53,991,443.87 N = 2 Bid capacity = V/N = 53,991,443.87 / 2 = 26,995,721.935 Since "V" is 53,991,443.87 and V/N is 26,995,721.935, the bid capacity required is the minimum of these two values, which is 26,995,721.935. However, the average annual contractual turnover should also be considered as per the audited balance sheet for the previous three financial years, but this specific information is not provided. Given the provided information and the formula, the calculated bid capacity is 26,995,721.935, but since the average annual contractual turnover calculation is also a part of determining the bid capacity and this specific detail is missing, the precise bid capacity required cannot be fully determined with the information given. However, following the provided formula and information, the calculated value is 26,995,721.935.
Technical Capacity
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The required prior work experience for the bidder includes successfully completing specific similar works within the last 07 years. The similar works can be any of the following: (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 each costing not less than 60% of the advertised value of the tender. The definition of similar work includes "Assembly and welding of steel and stainless steel fabricated item" in areas such as Indian Railway coaches, Production Unit of Indian Railway, or any Department or Public Sector Undertaking of Central or State Govt.

Costs

  • EMD

    INR 4,20,000 (USD 4,820)

Description

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