Western Railway Tender

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Western Railway - WR Tender

Works
Civil And Construction
Bridge Construction
Ireps
Opening Date28 Jan 2025
Closing Date19 Feb 2025
Tender Amount₹ 2,11,96,810.06 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender can be calculated using 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 for which bids have been invited. Additionally, the tenderer must have successfully completed or substantially completed specific categories of work(s) during the last 07 (seven) years, with costs related to the advertised value of the tender. However, the exact formula for calculating Bid Capacity is not explicitly provided. The average annual contractual turnover required is at least V/N or 'V' whichever is less, and can be calculated using the formula: Average annual contractual turnover = Total contractual payments in the previous three financial years / 3. Given the provided information, the bid capacity required is related to the advertised value of the tender and the number of years prescribed for completion of work.
Technical Capacity
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The bidder must have successfully completed or substantially completed any one of the following categories of work(s) during the last 7 years: - Three similar works each costing not less than 30% of the advertised value of the tender, - Two similar works each costing not less than 40% of the advertised value of the tender, - One similar work costing not less than 60% of the advertised value of the tender. For composite works, the bidder must have successfully completed or substantially completed any one of the following categories of work(s) during the last 7 years: - 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 each costing not less than 60% of the advertised value of each component of the tender. Additionally, the bidder should have successfully completed at least one work of Fabrication, Supply & Laying of H-beam/Steel Channel Sleepers with Fittings on running line in the last 7 years. For subcontractors, 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, in the last 5 years. However, for subletting of work costing up to Rs 50 lakh, no previous work experience of the subcontractor is required.

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