South Eastern Railway Tender

The required prior work experience for the bidder includes completion of works similar in nature. 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 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 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 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 value of the final bill, including the PVC amount, if paid, shall be considered as the completion cost of work. For substantially completed work, the total gross amount already paid, including the PVC amount, if paid, shall be considered as the cost of substantially completed work. The bidder must have a minimum average annual contractual turnover of V/N or V, whichever is less, where V is the advertised value of the tender in crores of Rupees, and N is the number of years prescribed for completion of work for which bids have been invited. A specific percentage of 90% of the present contract value, excluding the payment made for adjustment of Price Variation (PVC), if any, is mentioned for ongoing contracts. For subletting of 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, 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.