South Central Railway Tender

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South Central Railway - SCR Tender

Works
Transportation and Logistics
Ireps
Opening Date27 Jan 2025
Closing Date18 Feb 2025
Tender Amount₹ 2,55,38,340.75 

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender can be calculated using the formula: 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 (up to date of inviting tender), N = Number of years prescribed for completion of work for which bids have been invited, B = Value of existing commitments and balance amount of ongoing works with the tenderer as on date one month prior to the tender closing date to be completed in next ‘N’ years. In case of a Joint Venture (JV), the arithmetic sum of individual “bid capacity” of all the members shall be taken as JV’s “bid capacity”. If the available bid capacity is lesser than the estimated cost of work put to tender, the offer shall not be considered even if the bidder has been found eligible in other eligibility criteria/tender requirement.
Technical Capacity
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The required prior work experience for the bidder includes successfully completing or substantially completing similar works. The specific requirements are as follows: - 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 costing not less than 60% of the advertised value of each component of the tender. The similar works should have been completed within the last 07 years. 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. However, for subletting work costing up to Rs 50 lakh, no previous work experience of the subcontractor is required. Note that work experience certificates issued by entities with an average annual turnover of Rs 500 crore and above in the last 3 financial years are also considered, provided they meet certain conditions. The overall cost, including the PVC amount (if paid), of that completed work or substantially completed work, shall be considered for eligibility. In case of a newly formed partnership firm, the credentials of individual partners from previous propriety firm(s) or dissolved previous partnership firm(s) or split previous partnership firm(s) shall be considered only to the extent of their share in previous entity on the date of dissolution/split and their share in newly formed partnership firm. The tenderer should submit a self-attested/Digitally signed copy of work experience certificate to establish his eligibility criteria. The certificate should contain the details regarding name of work, Agreement No., and other relevant information.

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