South East Central Railway Tender

The bid capacity required in the given tender to bid is as follows: 1. Minimum average annual contractual turnover: 28.169759 crores Formula: V/N or 'V' whichever is less, where V = Advertised value of the tender in crores of Rupees, and N = Number of years prescribed for completion of work. 2. Successful completion or substantial completion of any one of the following categories of work(s) during last 07 years: - Three similar works each costing not less than 3 * (0.3 * Advertised Value) = 3 * (0.3 * 28.169759) - Two similar works each costing not less than 2 * (0.4 * Advertised Value) = 2 * (0.4 * 28.169759) - One similar work each costing not less than 1 * (0.6 * Advertised Value) = 1 * (0.6 * 28.169759) These values can be calculated as: - 3 * (0.3 * 28.169759) = 3 * 8.450927 = 25.352781 - 2 * (0.4 * 28.169759) = 2 * 11.267903 = 22.535806 - 1 * (0.6 * 28.169759) = 1 * 16.901855 = 16.901855 So, the bid capacity required is: - Three similar works each costing not less than 25.352781 crores - Two similar works each costing not less than 22.535806 crores - One similar work each costing not less than 16.901855 crores And minimum average annual contractual turnover of 28.169759 crores.