Western Railway Tender
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Additional Eligibility
Bid Capacity
The bid capacity required in the given tender to bid having value and formulas is as follows:
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,
N = Number of years prescribed for completion of work for which bids have been invited.
Given the advertised value of the tender is 63457834.40 Rupees and the period of completion is 12 months,
V = 63457834.40 / 10000000 = 6.3457834 (in crores of Rupees, rounded to 6.35)
N = 12 / 12 = 1 (since the period of completion is 1 year)
So, the minimum average annual contractual turnover required is:
V/N = 6.35 / 1 = 6.35 crores of Rupees
The exact formula to calculate the average annual contractual turnover is:
Average annual contractual turnover = (Total contractual payments in the previous three financial years) / 3
This should be equal to or more than V/N.
Therefore, the bid capacity required is a minimum average annual contractual turnover of 6.35 crores of Rupees or more, calculated as per the given formula.
Technical Capacity
The required prior work experience for the bidder includes successfully completing similar works within the last 7 years. The bidder must have completed one of the following:
- 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, costing not less than 60% of the advertised value of each component of the tender.
Additionally, for subletting work, the subcontractor must have successfully 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, within the last 5 years, except for subletting work costing up to Rs 50 lakh, where no previous work experience of the subcontractor is required.
Costs
EMD
₹ 4,67,300Document Cost
Refer DocumentsTender Fee
Refer Documents
Description
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Contact
Tender Id
221-2024-25-R-BHAVNAGAR DIVISION-ENGG/WESTERN RLYTender No
221-2024-25-RTender Authority
Western Railway ViewPurchaser Address
-Website
ireps.gov.in
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