Southern Railway Tender
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Southern Railway - SR Tender
Works
Ireps
Opening Date12 Feb 2025
Closing Date6 Mar 2025
Tender AmountINR 2,24,50,370 (USD 2,56,365)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender to bid having value is mentioned as a minimum average annual contractual turnover of 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 for which bids have been invited.
The formula for calculating average annual contractual turnover is:
Average annual contractual turnover = (Total contractual payments in the previous three financial years) / 3
Additionally, there is another formula to calculate the bid capacity:
Available Bid Capacity = [A x N x 2] – 0.33xNxB
Where,
A = Maximum value of construction works executed and payment received in any one of the previous three financial years or the current financial year (up to date of inviting tender),
N = Number of years prescribed for completion of work for which bids have been invited,
B = Value of existing commitments and balance amount of ongoing works with the tenderer as on date one month prior to the tender closing date to be completed in next ‘N’ years.
There are also other formulas provided, but they seem to be related to price adjustment for changes in cost of signalling works and telecommunication works, and not directly to the bid capacity. However, there are 13 formulas (i to xiii) provided for calculating bid capacity for the tender.
(i) L = (W or WS or WC or WSF or WF or WSFL or WFL) x (LQ – LB) x LC / LB x 100
(ii) M = (W or WSF or WF or WSFL or WFL) x (MQ – MB) x MC / MB x 100
(iii) F = (W or WS or WC or WSF or WF or WSFL or WFL) x (FQ – FB) x FC / FB x 100
(iv) E = (W or WS or WC or WSF or WF or WSFL or WFL) x (EQ – EB) x EC / EB x 100
(v) PM = (W or WS or WC or WSF or WF or WSFL or WFL) x (PMQ - PMB) x PMC / PMB x 100
(vi) S = (W or WS or WSF) x (SQ - SB) x SC / SB x 100
(vii) C = (W or WC) x (CQ – CB) x CC / CB x 100
(viii) T = [0.4136 x (CQ – CB) / CB] x 85
(ix) R = [0.94 x (RT - RO) / RO + 0.06 x (ZT - ZO) / ZO] x 85
(x) N = [(PT - PO) / PO] x 85
(xi) I = [(IT – IO) / IO] x 85
(xii) G = [(MQ - MB) / MB] x 85
(xiii) Er = [(LQ - LB) / LB] x 85
Minimum average annual contractual turnover = V/N or 'V' whichever is less,
where V = Advertised value of the tender in crores of Rupees,
N = Number of years prescribed for completion of work for which bids have been invited.
Technical Capacity
The required prior work experience for the bidder includes successfully completing or substantially completing similar works within the last 07 years. The specific requirements are as follows:
- Three similar works each costing not less than 30% of the advertised value.
- Two similar works each costing not less than 40% of the advertised value.
- One similar work costing not less than 60% of the advertised value.
For composite works, the requirements are:
- Three similar works for each component, each costing not less than 30% of the advertised value of that component.
- Two similar works for each component, each costing not less than 40% of the advertised value of that component.
- One similar work for each component, costing not less than 60% of the advertised value of that component.
For subcontractors, the requirement is:
- Successfully completing at least one work similar to the work proposed for subcontract, costing not less than 35% of the value of the work to be subletted, in the last 5 years.
Note that for subletting work costing up to Rs 50 lakh, no previous work experience of the subcontractor is required.
The bidder must have a minimum average annual contractual turnover of V/N or 'V' which ever is less, where V is the advertised value of the tender in crores of Rupees and N is the number of years prescribed for completion of work.
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,
2. Two similar works each costing not less than the amount equal to 40% of the advertised value,
or
3. One similar work each costing not less than the amount equal to 60% of the advertised value.
A Work Experience Certificate issued by a Government Department/Organisation or a Public listed company with an average annual turnover of Rs 500 crore and above in the last 3 financial years shall be considered for fulfillment of technical eligibility criteria.
Costs
EMD
INR 2,62,300 (USD 2,995)
Summary
Can - Improvements To Passenger Amenities Of Kannur Station Under Amrit Bharath Station Scheme - Electrical Arrangements
Description
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Contact
Tender Id
J-E-35-2024-25-W-PALAKKAD DIVISION-ELECTRICAL/SOUTHERN RLYTender No
J-E-35-2024-25-WTender Authority
Southern Railway ViewPurchaser Address
-Website
ireps.gov.in
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