Southern Railway Tender

The required prior work experience for the bidder includes successfully completing or substantially completing any one of the following categories of work(s) during the last 07 (seven) years: (i) Three similar works each costing not less than the amount equal to 30% of advertised value of each component of tender, (ii) Two similar works each costing not less than the amount equal to 40% of advertised value of each component of tender, (iii) One similar work each costing not less than the amount equal to 60% of advertised value of each component of tender. For subletting of work, the subcontractor must have successfully completed at least one work similar to work proposed for subcontract, costing not less than 35% value of work to be subletted, in last 5 years. However, for subletting of work costing up to Rs 50 lakh, no previous work experience of subcontractor is required. The advertised value of the tender is 26213406.21, so the amount for similar works can be calculated as follows: - 30% of advertised value: 0.3 * 26213406.21 = 7864021.863 - 40% of advertised value: 0.4 * 26213406.21 = 10485362.484 - 60% of advertised value: 0.6 * 26213406.21 = 15728043.726 - 35% value of work to be subletted (for subletting): this will depend on the specific work to be subletted.