Northern Railway Tender

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Northern Railway - NR Tender

Works
Civil And Construction
Road Construction
Ireps
Opening Date3 Feb 2025
Closing Date5 Mar 2025
Tender AmountINR 6,38,06,775.6 (USD 7,36,376)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender can be calculated using the following formulas: 1. Average annual contractual turnover = (Total contractual payments in the previous three financial years) / 3 2. Minimum bid capacity required = - For tenders less than 3 years: NIL - For tenders between 3 to 6 years: 3 times the advertised value of the tender - For tenders more than 6 years: 50% of the advertised value of the tender (rounded off to the next higher integer) Additionally, the tenderer must have successfully completed similar works costing not less than: - 30% of the advertised value of the tender (for three similar works) - 40% of the advertised value of the tender (for two similar works) - 60% of the advertised value of the tender (for one similar work) The tenderer must also 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. However, the exact formula for calculating Bid Capacity as per Annexure-VI is not provided.
Technical Capacity
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The required prior work experience for the bidder includes successfully completing or substantially completing any of the following during the last 07 years: - 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 similar nature of work is "Road work or LC gate road or paving work". The advertised value of the tender is Rs. 6,38,06,775.60. The values of similar works to be considered for this tender are: - Rs. 1,40,15,906.26 each, - Rs. 1,86,87,875.01 each, - Rs. 2,80,31,812.51 each. The percentages of the advertised value of the tender are: - 30% of the advertised value of the tender for three similar works, - 40% of the advertised value of the tender for two similar works, - 60% of the advertised value of the tender for one similar work. 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. Note that for subletting of work costing up to Rs 50 lakh, no previous work experience of the subcontractor is required.

Costs

  • EMD

    INR 4,69,000 (USD 5,413)

Description

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Contact

  • Tender Id

    44-SrDEN-IV-LKO-2024-25-LUCKNOW-NR-DIVISION-ENGINEERING/NORTHERN RLY
  • Tender No

    44-SrDEN-IV-LKO-2024-25
  • Tender Authority

    Northern Railway View
  • Purchaser Address

    -
  • Website

    ireps.gov.in
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