Southern Railway Tender
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AI Insights
Technical
Technical
Financial
Bid Capacity
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The bid capacity required can be calculated using the formula V/N or 'V' whichever 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. Given the advertised value of the tender is Rs 21,772,574.71 and the period of completion is 12 months (or 1 year), we can calculate V as approximately 2.18 crores. Thus, the bid capacity required would be 2.18/1 or 2.18, whichever is less. Since 2.18 is less than the advertised value in this context, the bid capacity required would be 2.18 crores. Additionally, the average annual contractual turnover, which is another aspect of bid capacity, is calculated as an average of "total contractual payments" in the previous three financial years.
Technical Capacity
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The bidder must have successfully completed or substantially completed specific categories of work(s) during the last 07 (seven) years. These categories include: (i) Three similar works costing not less than 30% of the advertised value of the tender, (ii) Two similar works costing not less than 40% of the advertised value of the tender, or (iii) One similar work costing not less than 60% of the advertised value of the tender. For composite works, the requirements are similar, with the tenderer needing to have completed: (i) Three similar works costing not less than 30% of the advertised value of each component of the tender, (ii) Two similar works costing not less than 40% of the advertised value of each component of the tender, or (iii) One similar work costing not less than 60% of the advertised value of each component of the tender. Additionally, subcontractors must have completed 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, unless the subletting work costs up to Rs 50 lakh, in which case no prior experience is required. The bidder should also provide a list of works completed in the last three financial years, including details such as description of work, organization, approximate value, and dates. Furthermore, the tenderer must have a minimum average annual contractual turnover, calculated based on the advertised value of the tender and the number of years prescribed for completion of work.
Costs
EMD
INR 2,58,900 (USD 2,956)
Description
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Contact
Tender Id
PGT-Works-2025-N03-08-PALAKKAD DIVISION-ENGINEERING/SOUTHERN RLYTender No
PGT-Works-2025-N03-08Tender Authority
Southern Railway ViewPurchaser Address
-Website
http://ireps.gov.in
Documents