South Eastern Railway Tender

The bidder must have successfully completed or substantially completed any one of the following categories of work(s) during the last 07 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 bidder must have successfully completed or substantially completed any one of the following categories of work(s) during the last 07 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. For subcontractors, they must have successfully completed at least one work similar to the work proposed for subcontract, costing not less than 35% value of the work to be subletted, in the last 5 years. In case of more than one L-1 bidders, tender may be awarded to tenderer having done more value of similar work in last three previous financial years and the current financial year upto the date of opening of the tender. 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. For newly formed partnership firms, the credentials of individual partners from previous proprietary firms or dissolved previous partnership firms are considered only to the extent of their share in the previous entity on the date of dissolution or split and their share in the newly formed partnership firm. Example: A partner with a 30% share in the previous entity and a 20% share in the present partnership firm will have their credentials considered to the extent of 0.3*0.2*value of the work done in the previous entity. Another example mentions credentials of Rs 10 crore for a partnership firm, which would remain as Rs 6 crore if a partner with a 40% share quits. Partners' shares mentioned include 30%, 30%, and 40% in one example. The value of similar work done in the last three previous financial years and the current financial year is considered for selecting the tenderer in case of a tie, but the amount for this purpose is not specified.