South Eastern Railway Tender

The required prior work experience for the bidder includes successfully completing or substantially completing specific categories of work(s) during the last 07 years. These categories include: - 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 07 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. In the case of 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 subcontracted, 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. A substantially completed work is considered when payment equal to or more than 90% of the present contract value has been made to the contractor. The value of the final bill, including the Price Variation (PVC) amount, shall be considered as the completion cost of the work. In case of substantially completed work, the total gross amount already paid, including the PVC amount, shall be considered as the cost of the substantially completed work. The average annual turnover for consideration of work experience certificate from Public listed company is Rs 500 crore. The bidder's prior work experience is considered for the purpose of fulfillment of credentials, with specific mention of values and percentages such as 30%, 40%, 60%, 35%, 90%, and Rs 50 lakh, and Rs 500 crore.