Southern Railway Tender
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Technical
Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid having value is 2.198 crores, calculated based on the formula 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. The formula to calculate it is: V/N or 'V', whichever is less. For works costing more than Rs.50 lakhs, the tenderer must have 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. In the given tender, V = 2.198 and N = 0.67 years, so V/N = 3.28. Since 'V' (2.198) is less than V/N (3.28), the minimum average annual contractual turnover required is 'V', which is 2.198 crores.
Technical Capacity
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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 07 years: (i) Three similar works each costing not less than 30% of the advertised value of the tender, (ii) Two similar works each costing not less than 40% of the advertised value of the tender, (iii) One similar work costing not less than 60% of the advertised value of the tender. In case of composite works, the tenderer must have completed: (i) Three similar works each costing not less than 30% of the advertised value of each component of the tender, (ii) Two similar works each costing not less than 40% of the advertised value of each component of the tender, (iii) One similar work each costing not less than 60% of the advertised value of each component of the tender.
For works costing less than 50 lakhs, no specific eligibility criteria is prescribed.
Costs
EMD
INR 2,59,900 (USD 2,999)
Description
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Contact
Tender Id
MAS06OF25026C-CHENNAI DIVISION-ENGINEERING/SOUTHERN RLYTender No
MAS06OF25026CTender Authority
Southern Railway ViewPurchaser Address
-Website
http://ireps.gov.in
Documents