Northern Railway Tender
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Northern Railway - NR Tender
Works
Ireps
Opening Date20 Feb 2025
Closing Date17 Mar 2025
Tender AmountINR 9,64,95,791.8 (USD 11,11,980)
AI Insights
AI Insights
Technical
Financial
Class Of Bidder
Class-I local supplier.
Bid Capacity
The bid capacity required in the given tender to bid can be calculated using the following formulas and values:
1. For a single work:
- 30% of the advertised value of the tender (three similar works)
- 40% of the advertised value of the tender (two similar works)
- 60% of the advertised value of the tender (one similar work)
Given the tender value is Rs. 50.00 Cr, the calculations are:
- 30% of 50 Cr = 15 Cr (three similar works)
- 40% of 50 Cr = 20 Cr (two similar works)
- 60% of 50 Cr = 30 Cr (one similar work)
2. For composite works, the calculation depends on the value of each component. For the given components:
- A: Rs. 23 Cr,
- B: Rs. 15 Cr,
- C: Rs. 5 Cr,
- D: Rs. 4 Cr,
- E: Rs. 3 Cr
The bid capacity for each component can be calculated as:
- For component A (Rs. 23 Cr):
- 30% of 23 Cr = 6.9 Cr (three similar works)
- 40% of 23 Cr = 9.2 Cr (two similar works)
- 60% of 23 Cr = 13.8 Cr (one similar work)
- Similar calculations can be done for other components based on their values.
Additionally, the available bid capacity can be calculated using the formula:
Available Bid capacity = [AxNx2] - 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 have been invited
B = Existing commitments and balance amount of ongoing works
The bid capacity required is also related to the Average Annual Contractual Turnover, which is calculated as:
Average Annual Contractual Turnover = Total contractual payments in the previous three financial years / 3
And the tenderer must have a minimum average annual contractual turnover of V/N, 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.
Technical Capacity
The required prior work experience for the bidder includes completing similar works with specific values and percentages. The bidder should have completed:
- For component A, 30/40/60% of Rs. 23Cr in 3/2/1 number of works of similar nature completed in 7 years.
- For component B, 30/40/60% of Rs. 15 Cr in 3/2/1 number of works of similar nature completed in 7 years.
- For component C, a single work of similar nature worth 35% of Rs. 5Cr in the last 5 years.
- For component D, a single work of similar nature worth 35% of Rs. 4Cr in the last 5 years.
The bidder must also have successfully completed or substantially completed any of the following during the last 7 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 costing not less than 60% of the advertised value of the tender.
Additionally, the bidder must have a minimum average annual contractual turnover of V/N or 'V' whichever is less, where V is the advertised value of the tender in crores of Rupees and N is the number of years prescribed for completion of work for which bids have been invited.
Mentioned values and percentages include:
- 30/40/60% of Rs. 23Cr
- 30/40/60% of Rs. 15 Cr
- 35% of Rs 5 Cr
- 35% of Rs 4 Cr
- Rs 23 Cr
- Rs 15 Cr
- Rs 5 Cr
- Rs 4 Cr
Costs
EMD
INR 6,32,500 (USD 7,289)
Description
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Contact
Tender Id
256Sig-SPL-TKJ-233-EI-DnF-PROJECT-SPL-TKJ-S AND T/NORTHERN RLYTender No
256Sig-SPL-TKJ-233-EI-DnFTender Authority
Northern Railway ViewPurchaser Address
-Website
ireps.gov.in
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