Northeast Frontier Railway Tender

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Northeast Frontier Railway - NFR Tender

Works
Civil And Construction
Ireps
Opening Date20 Feb 2025
Closing Date17 Mar 2025
Tender AmountINR 2,72,44,394 (USD 3,13,954)

AI Insights

Technical
Financial
Bid Capacity
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Available Bid Capacity = [A x N x 2] – 0.33xNxB Where, A = Maximum value of construction works executed and payment received in any one of the previous three financial years or the current financial year N= Number of years prescribed for completion of work for which bids has been invited. B = Existing commitments and balance amount of ongoing works with the tenderer. For tenders having advertised value more than Rs 20 crore, the tenderer will be qualified only if its available bid capacity is more than the estimated cost of work put to tender. The tenderer must have 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. For a single work: 30% of the advertised value (for three similar works), 40% of the advertised value (for two similar works), or 60% of the advertised value (for one similar work). For composite works: Apply the above percentages to each component's estimated tender cost.
Technical Capacity
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The required prior work experience for the bidder includes successfully completing any of the following during the last 07 years: - Three similar works each costing not less than 30% of the advertised value of the tender, - Two similar works each costing not less than 40% of the advertised value of the tender, - One similar work each costing not less than 60% of the advertised value of the tender. In case of composite works, the tenderer must have successfully completed any of the following during the last 07 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. The available bid capacity is determined by the formula: Available Bid Capacity = [A x N x 2] – 0.33xNxB, where A = Maximum value of construction works executed and payment received in any one of the previous three financial years or the current financial year. The bidder needs to furnish details of the maximum value of construction works executed and payment received. For subletting of work, the subcontractor must have successfully completed at least one work similar to the work proposed for subcontract, costing not less than 35% of the value of the work to be subletted, in the last 5 years. However, for subletting of work costing up to Rs 50 lakh, no previous work experience of the subcontractor is required. Mentioned values and percentages include: - 30% of the advertised value of the tender - 40% of the advertised value of the tender - 60% of the advertised value of the tender - 35% of the value of the work to be subletted - Rs 50 lakh for subletting of work with no previous work experience required.

Costs

  • EMD

    INR 2,86,200 (USD 3,298)

Description

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