Northern Railway Tender

The required prior work experience for the bidder is evaluated based on the technical and financial eligibility criteria. However, the bidder is required to have an average annual turnover of Rs. 10 Crores during the last three financial years. For technical eligibility, the bidder should satisfy either of the following criteria: (a) The partnership firm shall satisfy the full requirement of technical eligibility criteria in its own name and style; OR (b) In case the partnership firm does not fulfill the technical eligibility criteria in its own name and style, but one or more of its partners have executed a work in the past either as a sole proprietor or as a partner in a different partnership firm, then such partner of the firm shall satisfy the technical eligibility criteria on the basis of his/her proportionate share in that proprietorship/partnership firm reduced further by his/her percentage share in the tendering firm. For financial eligibility, the bidder shall satisfy either of the following criteria: (a) The partnership firm shall satisfy the full requirements of the financial eligibility criteria in its own name and style. OR (b) In case the partnership firm does not fulfill the financial eligibility criteria in its own name and style, but one or more of its partners have executed a work/contract in the past either as sole proprietor or as partner in different firms, then the arithmetic sum of the contractual payments received by all the partners of the tendering firm, derived on the basis of their respective proportionate share in such firms reduced further by their respective percentage share in the tendering firm, shall satisfy the full requirements of the financial eligibility. The values of similar works completed are: - Partnership firm "ABZ" has executed a work of value Rs.10.00 Crores. - Partnership firm "CYX" has executed a work of value Rs.5.00 Crores. - Sole proprietor firm "P" has executed a work of value Rs.2.0 Crores. The contribution of partners towards the credentials of the tendering firm will be taken as Rs.0.40 cr, Rs.0.60 cr, Rs.0.50 cr, and 0.20 cr respectively. Thus, the firm is deemed to have executed no single work of maximum value of Rs.0.60 Cr for the purpose of technical eligibility criteria. For evaluation of financial eligibility, the arithmetic sum of the contribution of all the partners of the tendering firm derived on the basis of their respective proportionate share in the earlier partnership firms reduced further by their respective percentage share will be taken. In the given example, this value is Rs.1.70 Cr (i.e., A+B+C+D = 0.40 + 0.60 + 0.50 + 0.20 = 1.70 cr). No specific percentage of similar works completed is mentioned.