Southern Railway Tender
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Technical
Financial
Bid Capacity
Available Bid Capacity = [A x N x 2] – 0.33xNxB
Where,
A = Maximum value of construction works executed and payment received in any one of the previous three financial years or the current financial year
N= Number of years prescribed for completion of work for which bids has been invited.
B = Existing commitments and balance amount of ongoing works
Net Cash Accruals = Profit after Tax + Depreciation
Net Worth = Aggregate value of paid-up share capital and all reserves created out of profits and securities premium account, after deducting accumulated losses, deferred expenditure, and miscellaneous expenditure not written off.
Minimum shareholding for Lead Member: 51%
Minimum shareholding for other members: 26%
Minimum percentage of Bid Price to be carried out by Lead Member: 50%
Financial Capacity calculation: Arithmetic sum of individual “financial capacity” of all members.
Net Worth = (Paid-up share capital + Reserves) - (Accumulated losses + Deferred expenditure + Miscellaneous expenditure)
Technical Capacity
The required prior work experience for the bidder includes completion of construction works with a payment for construction works of not less than 75% of the value of the awarded project cost. The bidder should have experience in construction works, with a focus on eligible projects.
The value of similar works completed is required to be at least 75% of the awarded project cost. The actual amount received by the bidder should be certified by the statutory auditor or the client.
The percentage of similar works completed is not explicitly mentioned, but the bidder should have received payments of not less than 75% of the value of the awarded project cost.
Other values and percentages mentioned include:
- 75% of the value of the awarded project cost
- 50% of the subscribed and paid-up voting equity of the associate
- Capital expenditure, excluding expenditure on repairs and maintenance.
The bidder should provide year-wise details of payments received for the past 5 financial years. The bidder should also provide a certificate specifying the net worth of the bidder, including associates, if any, as at the close of the preceding financial year.
In case of a consortium or joint venture, the bidder should provide information on the share of the bidder in the consortium or joint venture. The certificate from the statutory auditor or the client should be provided separately for each member of the consortium or joint venture.
The bidder should also provide a certificate from the statutory auditor or the company secretary regarding the associate, if the bidder is claiming credit for an eligible project of an associate. The certificate should state that more than 50% of the subscribed and paid-up voting equity of the associate is held, directly or indirectly, by the bidder.
The bidder is required to demonstrate Technical Capacity by showing that they have received payments for construction of Eligible Projects in the past 5 financial years preceding the Bid Due Date, with specific payment percentages from one or more Eligible Projects, such as 60% of the Estimated Project Cost from one Eligible Project, 40% from each of two Eligible Projects, or 30% from each of three Eligible Projects.
The Eligible Projects include passenger terminals and social and commercial infrastructure, with specific minimum requirements such as passenger handling capacity or built-up area. The bidder must provide Audited Annual Reports for the last 5 financial years preceding the year in which the bid is submitted to demonstrate their Financial Capacity, which includes a minimum Net Worth of 15% of the Estimated Project Cost.
Costs
EMD
₹ 1,69,73,000Document Cost
Refer DocumentsTender Fee
Refer Documents
Description
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Contact
Tender Id
01-CE-CN-ERS-2025-EPC-CAO-CN-ERS-ENGINEERING/SOUTHERN RLYTender No
01-CE-CN-ERS-2025-EPCTender Authority
Southern Railway ViewPurchaser Address
-Website
ireps.gov.in
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Documents
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