South Eastern Railway Tender

The required prior work experience for the bidder includes successfully completing or substantially completing any one of the following categories of work(s) 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. For composite works, the tenderer must have successfully completed or substantially completed any one of the following categories of work(s) during the last 7 years: - 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 values mentioned are an amount of 8543295.04 and a percentage of 5.35, although the context of these values is not explicitly stated as the required prior work experience. A 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 credential certificate for this should have been issued not prior to 60 days of the date of invitation of the present tender. In case of completed work, the value of the final bill, including the price variation (PVC) amount, shall be considered as the completion cost of work. If a final bill is pending, only the total gross amount already paid, including the PVC amount, shall be considered as the completion cost of work. The overall cost, including the PVC amount, of a completed or substantially completed work similar in nature shall be considered for eligibility, and no separate evaluation for each component of that work shall be made.