North Eastern Railway Tender

The required prior work experience for the bidder includes successfully completing or substantially completing similar works within the last 07 years. The similar works should have a value of: - Not less than 30% of the advertised value of the tender for three similar works, - Not less than 40% of the advertised value of the tender for two similar works, - Not less than 60% of the advertised value of the tender for one similar work. In the case of composite works, the tenderer must have completed similar works for each component, with values of: - Not less than 30% of the advertised value of each component of the tender for three similar works, - Not less than 40% of the advertised value of each component of the tender for two similar works, - Not less than 60% of the advertised value of each component of the tender for one similar work. A substantially completed work is defined as an ongoing work where payment equal to or more than 90% of the present contract value has been made to the contractor. The bidder must have successfully completed or substantially completed any of the following during the last 07 years: - Three similar works each costing not less than the amount equal to 30% of the advertised value of the tender, - Two similar works each costing not less than the amount equal to 40% of the advertised value of the tender, - One similar work each costing not less than the amount equal to 60% of the advertised value of the tender.