East Central Railway Tender

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 (seven) 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. In the case of composite works, the tenderer must have successfully completed or substantially completed any one of the following categories of work(s) during the last 07 (seven) 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. The values and percentages mentioned are 30%, 40%, and 60% of the advertised value of the tender or each component of the tender. For subcontractors, they 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. No previous work experience of subcontractor is required for subletting of work costing up to Rs.50 lakh. Examples of credentials and shares in a partnership firm include the amount of Rs 10 crore and the percentage of 30%, 30%, and 40%. The amount of Rs 6 crore is also mentioned as the remaining credentials of the partnership firm after a partner quits.