South Central Railway Tender

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South Central Railway - SCR Tender

Works
Ireps
Opening Date25 Feb 2025
Closing Date19 Mar 2025
Tender AmountINR 2,06,31,266.39 (USD 2,38,579)
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AI Insights

Bid Capacity
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To determine the bid capacity required, we look at the conditions related to the tenderer's experience and financial capabilities. The tenderer must have successfully completed or substantially completed any of the following during the last 07 (seven) years: 1. Three similar works each costing not less than the amount equal to 30% of the advertised value of each component of the tender. 2. Two similar works each costing not less than the amount equal to 40% of the advertised value of each component of the tender. 3. One similar work each costing not less than the amount equal to 60% of the advertised value of each component of the tender. Given the advertised value of the tender is 20631266.39, we can calculate the required bid capacity as follows: 1. For three similar works: 3 * 0.3 * 20631266.39 = 3 * 6189389.917 = 18568169.75 2. For two similar works: 2 * 0.4 * 20631266.39 = 2 * 82525065.56 = 16505013.12 3. For one similar work: 1 * 0.6 * 20631266.39 = 1 * 12378759.834 = 12378759.83 Therefore, the bid capacity required can be summarized with the following values and formulas: - Three similar works: 3 * 0.3 * Advertised Value - Two similar works: 2 * 0.4 * Advertised Value - One similar work: 1 * 0.6 * Advertised Value Where Advertised Value = 20631266.39. The final answer is: $\boxed{61893800}$
Technical Capacity
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The required prior work experience for the bidder includes successfully completing or substantially completing similar works within the last 07 years. The technical eligibility criteria specify the following conditions: - Three similar works each costing not less than 30% of the advertised value of the tender, which is 6189389.97. - Two similar works each costing not less than 40% of the advertised value of the tender, which is 8253250.56. - One similar work each costing not less than 60% of the advertised value of the tender, which is 12378759.83. In the case of composite works, the tenderer must have successfully completed or substantially 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. The bidder should submit an attested copy of the Experience Certificate and a list of completed works in the last three financial years, providing details such as description of work, organization for whom executed, approximate value of contract at the time of award, date of award, and date of scheduled completion of work. Substantially Completed Work means an ongoing work in which payment equal to or more than 90% of the present contract value has been made to the contractor. The average annual contractual turnover shall be calculated as an average of "total contractual payments" in the previous three financial years. The advertised value of the tender is 20631266.39.

Costs

  • EMD

    INR 2,53,200 (USD 2,928)

Description

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