East Coast Railway Tender

The required prior work experience for the bidder includes having successfully completed or substantially completed any one of the following categories of work(s) during the last 07 years: (i) Three similar works each costing not less than the amount equal to 30% of advertised value of the tender, (ii) Two similar works each costing not less than the amount equal to 40% of advertised value of the tender, (iii) One similar work costing not less than the amount equal to 60% of advertised value of the tender. For subcontractors, the requirement is to 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. A "Substantially Completed Work" means an ongoing work in which payment equal to or more than 90% of the present contract value has been made to the contractor in that ongoing contract. The total value of work to be assigned to the sub-contractor(s) shall not be more than 50% of the total contract value.