Northern Railway Tender
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Technical
Technical
Financial
Bid Capacity
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The bid capacity required is a minimum average annual contractual turnover of V/N or V, whichever is less, where V = Advertised value of the tender in crores of Rupees and N = Number of years prescribed for completion of work for which bids have been invited. To calculate this, we use the given values: V = 22362720.00 Rupees (which is 223.6272 crores) and N = 4 Months, which is approximately 0.333 years. So, V/N = 223.6272 / 0.333 = 671.69 and V = 223.6272. Since V/N (671.69) is less than V (223.6272), the minimum average annual contractual turnover required is 671.69 crores. However, this value should be in Rupees for consistency with the provided context, thus it is 671.69 * 10000000 = 6716900000 Rupees. The average annual contractual turnover shall be calculated as an average of "total contractual payments" in the previous three financial years, as per the audited balance sheet.
Technical Capacity
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The required prior work experience for the bidder includes a work experience certificate from a government organization or a public listed company with an average annual turnover of Rs. 500 crore and above in the last 3 financial years. The work experience certificate should be issued by a person authorized by the public listed company to issue such certificates. The bidder must have successfully completed or substantially completed any one of the following categories of work(s) during last 07 (seven) years: - Three similar works each costing not less than 30% of the advertised value of the tender, - Two similar works each costing not less than 40% of the advertised value of the tender, - One similar work costing not less than 60% of the advertised value of the tender.
Similar nature of work is "Supply of machine crushed stone ballast for Railways/Highway/Roads". Work experience certificate from private individual shall not be considered, but from any Govt. agency is acceptable.
Costs
EMD
₹ 2,61,800Document Cost
Refer DocumentsTender Fee
Refer Documents
Description
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Contact
Tender Id
307-2024-25-DEN-HQ-FZR-FEROZPUR DIVISION-ENGINEERING/NORTHERN RLYTender No
307-2024-25-DEN-HQ-FZRTender Authority
Northern Railway ViewPurchaser Address
-Website
http://ireps.gov.in
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