North Eastern Railway Tender

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 years: (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, or (iii) One similar work costing not less than 60% of the advertised value of the tender. The specific values are: (i) Three similar works each costing not less than 30% of 32489727.00, which is 9746918.10, (ii) Two similar works each costing not less than 40% of 32489727.00, which is 12995890.80, (iii) One similar work costing not less than 60% of 32489727.00, which is 19493416.20. Additionally, the bidder must have a minimum average annual contractual turnover of V/N or "V" whichever is less, where V is the advertised value of the tender in crores of Rupees and N is the number of years prescribed for completion of work. In case of composite works, the bidder must have completed: (i) Three similar works each costing not less than 30% of the advertised value of each component of the tender, (ii) Two similar works each costing not less than 40% of the advertised value of each component of the tender, or (iii) One similar work each costing not less than 60% of the advertised value of each component of the tender. The percentages mentioned for similar works are 30%, 40%, and 60%. The amounts are 9746918.10, 12995890.80, and 19493416.20 respectively.