Southern Railway Tender

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Southern Railway - SR Tender

Services
Housekeeping Services
GEM
Opening Date10 Mar 2025
Closing Date31 Mar 2025
Tender AmountINR 3,48,85,946 (USD 4,00,391)
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AI Insights

Bid Capacity
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The bid capacity required in the given tender to bid is as follows: 1. Financial Turnover: The bidder should have an aggregate financial turnover not less than 1.5 times the advertised Bid value during the last three previous financial years. Formula: Aggregate financial turnover ≥ 1.5 * Advertised Bid value Given Advertised Bid value = 34885946, then Aggregate financial turnover ≥ 1.5 * 34885946 ≥ 52328919 2. Liquidity: The bidder should have access to or has available liquid assets, lines of credit and other financial means to meet cash flow that is valued at 5% of the estimated bid value net of applicant's commitments for other contracts. Formula: Liquid assets ≥ 0.05 * Estimated bid value Given Estimated bid value = 34885946, then Liquid assets ≥ 0.05 * 34885946 ≥ 1744292.3 For past experience of similar services, the bidder must have: - Three similar services with a total value of at least 13954378.4 - Two similar services with a total value of at least 17442973 - One similar service with a total value of at least 27908796.8
Technical Capacity
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The required prior work experience for the bidder includes successfully executing or completing similar services over the last three years. The specific requirements are as follows: - Three similar completed services with a cost of not less than 40% of the estimated cost. - Two similar completed services with a cost of not less than 50% of the estimated cost. - One similar completed service with a cost of not less than 80% of the estimated cost. Additionally, the bidder should have satisfactorily completed one similar single service contract for a minimum of 35% of the advertised value of the bid in the last three previous financial years and the current financial year. The value of successfully completed portion of any ongoing work up to the last day of the previous month of tender submission will also be considered for qualification of work experience criteria. In case of a composite contract, the value of similar work done will be restricted to housekeeping and mechanized cleaning portion, with only mechanized cleaning considered as similar work, and the value should be at least 35% of the advertised value of the bid.

Costs

  • EMD

    INR 3,24,500 (USD 3,724)

Description

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