North Central Railway Tender

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North Central Railway - NCR Tender

Works
Ireps
Opening Date4 Feb 2025
Closing Date28 Feb 2025
Tender AmountINR 2,65,66,075.75 (USD 3,06,591)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender involves the tenderer's ability to complete similar works and their average annual contractual turnover. The tenderer must have: 1. Successfully completed or substantially completed any one of the following categories of work(s) during last 07 (seven) years: - Three similar works each costing not less than 30% of advertised value of the tender. - Two similar works each costing not less than 40% of advertised value of the tender. - One similar work costing not less than 60% of advertised value of the tender. 2. For composite works, the tenderer must have successfully completed or substantially completed any one of the following categories of work(s) during last 07 (seven) years: - Three similar works each costing not less than 30% of advertised value of each component of tender. - Two similar works each costing not less than 40% of advertised value of each component of tender. - One similar work each costing not less than 60% of advertised value of each component of tender. 3. 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. The average annual contractual turnover shall be calculated as an average of 'Total contractual payments" in the previous three financial years, as per the audited balance sheet. Note: The exact bid capacity formula is mentioned to be detailed in Annexure-VI, which is not provided.
Technical Capacity
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The required prior work experience for the bidder involves successfully completing or substantially completing specific categories of work within the last 7 years. These categories include: (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. For composite works, the requirements are similar but based on the advertised value of each component of the tender. The subcontractor must have completed at least one similar work costing not less than 35% of the value of the work to be subletted in the last 5 years, unless the subletting work costs up to Rs 50 lakh, in which case no prior experience is required. The bidder must also have a minimum average annual contractual turnover, calculated as the average of total contractual payments in the previous three financial years. This turnover is related to the advertised value of the tender (V) and the number of years prescribed for completion of work (N), expressed as V/N or "V" whichever is less. Specific percentages and amounts mentioned include 30%, 40%, 60% of the advertised value of the tender, and 35% of the value of the work to be subletted. An amount of Rs 50 lakh is also mentioned as a threshold for subletting work where no prior experience is required.

Costs

  • EMD

    INR 2,82,800 (USD 3,264)

Summary

Virangana Laxmibai Jhansi-heavy Repair To Damaged Roads Under Aden/hq-ii/jhs

Description

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Contact

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