North Eastern Railway Tender

The required prior work experience for the bidder involves successfully completing or substantially completing specific categories of work during the last 7 years. These categories include: - Three similar works costing not less than 30% of the advertised value of the tender, - Two similar works costing not less than 40% of the advertised value of the tender, - One similar work costing not less than 60% of the advertised value of the tender. The definition of similar work includes various types of track renewal and maintenance activities. Additionally, the tenderer must have a minimum average annual contractual turnover, but the specific years of experience are tied to the completion of work for which bids have been invited, calculated as V/N, where V is the advertised value of the tender in crores of Rupees and N is the number of years prescribed for completion of the work. The tender also mentions specific requirements for engineers based on the cost of the work and the need for a Performance Guarantee amounting to 5% of the original contract value. However, specific details on the value and percentage of similar works completed in terms of exact amounts and percentages (other than the percentages of the advertised value mentioned above) are not provided in the context of prior work experience requirements.