Southern Railway Tender

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Southern Railway - SR Tender

Works
Bridge Construction
Ireps
Opening Date24 Jan 2025
Closing Soon24 Feb 2025
Tender Amount₹ 5,70,55,161.16 

AI Insights

Technical
Bid Capacity
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To determine the bid capacity required, specific details such as financial requirements, experience, or technical capabilities mandated for bidders must be considered. For a single work, the bid capacity can be calculated using the following formulas: 1. 30% of the advertised value of the tender (for three similar works) 2. 40% of the advertised value of the tender (for two similar works) 3. 60% of the advertised value of the tender (for one similar work) For composite works, the bid capacity can be calculated as: 1. 30% of the advertised value of each component of the tender (for three similar works) 2. 40% of the advertised value of each component of the tender (for two similar works) 3. 60% of the advertised value of each component of the tender (for one similar work) For subcontracting, the bid capacity is: 1. 35% of the value of the work to be subcontracted Additionally, the average annual contractual turnover is calculated as the average of total contractual payments in the previous three financial years. Given the advertised value of the tender is Rs. 57,055,161.16, the bid capacity required can be calculated using the provided formulas. For example, for a single work with three similar works, the bid capacity would be 30% of Rs. 57,055,161.16. Thus, the bid capacity required can be determined using the specified formulas and the given tender value.
Technical Capacity
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The required prior work experience for the bidder involves successfully completing or substantially completing specific categories of work(s) during the last 07 years. These categories include: (i) Three similar works costing not less than 30% of the advertised value of the tender, (ii) Two similar works costing not less than 40% of the advertised value of the tender, or (iii) 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: (i) Three similar works costing not less than 30% of the advertised value of each component of the tender, (ii) Two similar works costing not less than 40% of the advertised value of each component of the tender, or (iii) One similar work costing not less than 60% of the advertised value of each component of the tender. The bidder should furnish a list of works completed in the last three financial years, including the description of work, organization for whom it was executed, approximate value of the contract at the time of award, date of award, and date of completion. Additionally, the actual start and completion dates and the final value of the contract should also be provided. Specifically, the percentages of similar works completed are 30%, 40%, and 60% of the advertised value of the tender, and the amounts are not explicitly stated but are related to the advertised value 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, unless the subletting work costs up to Rs 50 lakh, in which case no previous work experience is required.

Costs

Description

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Contact

  • Tender Id

    PGT-Works-2025-N02-04-PALAKKAD DIVISION-ENGINEERING/SOUTHERN RLY
  • Tender No

    PGT-Works-2025-N02-04
  • Tender Authority

    Southern Railway View
  • Purchaser Address

    -
  • Website

    ireps.gov.in
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