Northeast Frontier Railway Tender

The required prior work experience for the bidder includes successfully completing or substantially completing certain works within the last 7 years. The specific requirements are as follows: - 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 the case of composite works, the tenderer must have completed: - 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. For subcontractors, the requirement is: - 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. Note that for subletting work costing up to Rs 50 lakh, no previous work experience of the subcontractor is required. Additionally, the bidder must have a 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. Given the advertised value of the tender is 56156500.00 and the period of completion is 12 months, V = 56.16 (in crores), N = 1.