North Central Railway Tender

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North Central Railway - NCR Tender

Works
Telecommunication Services
Electrical and Electronics
Electrical Works
Ireps
+4IndiaIndiaIndiaIndia
Opening Date3 Feb 2025
Closing Date25 Feb 2025
Tender AmountINR 2,16,92,744.08 (USD 2,50,350)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required is calculated using the formula: Minimum Average Annual Contractual Turnover = V/N or V, whichever is less, where V is the advertised value of the tender and N is the number of years prescribed for completion of work. However, the exact values of V and N are not provided, but it can be inferred that V = 21692744.08 and N = 0.75 years (9 months). Therefore, the bid capacity required is: Minimum Average Annual Contractual Turnover = 21692744.08/0.75 or 21692744.08, whichever is less. To calculate this, first convert 9 months to years: 9 months = 0.75 years. Then, calculate the minimum average annual contractual turnover: Minimum Average Annual Contractual Turnover = 21692744.08 / 0.75 = 28923658.77 or Minimum Average Annual Contractual Turnover = 21692744.08. Since 21692744.08 is less than 28923658.77, Minimum Average Annual Contractual Turnover = 21692744.08. However, the provided information does not explicitly state the bid capacity in the traditional sense. The calculation provided above is based on the given formula and inferred values. Given the information and the specific query, the most accurate answer would be the calculated value based on the provided formula. The minimum average annual contractual turnover is 21692744.08.
Technical Capacity
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The required prior work experience for the bidder includes successfully completing or substantially completing 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. Additionally, 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 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. The values and percentages mentioned are: - 30% of the advertised value of each component of the tender for three similar works - 40% of the advertised value of each component of the tender for two similar works - 60% of the advertised value of each component of the tender for one similar work.

Costs

  • EMD

    INR 2,58,500 (USD 2,983)

Description

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Contact

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