Northeast Frontier Railway Tender

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Northeast Frontier Railway - NFR Tender

Works
Ireps
Opening Date4 Feb 2025
Closing Date27 Feb 2025
Tender AmountINR 6,95,23,984.3 (USD 8,02,356)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender can be calculated using 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 (up to date of inviting tender) N = Number of years prescribed for completion of work for which bids have been invited B = Existing commitments and balance amount of ongoing works with the tenderer The tenderer will be qualified only if its available bid capacity is equal to or more than the total value of the present tender. For Joint Ventures, the arithmetic sum of individual “bid capacity” of all the members shall be taken as the JV’s “bid capacity”.
Technical Capacity
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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 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. For works involving more than one distinct component, the bidder must have completed similar works for each component, with values of 30%, 40%, or 60% of the advertised value of each component.

Costs

  • EMD

    INR 4,97,600 (USD 5,743)

Description

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Contact

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