Southern Railway Tender

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Southern Railway - SR Tender

Services
Paints and Enamels
Housekeeping Services
GEM
Opening Date5 Mar 2025
Closing Date26 Mar 2025
Tender Amount₹ 6,80,52,678 

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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The bid capacity required in the given tender to bid includes two main criteria: 1. Financial Turnover (T1): The bidder should have an aggregate financial turnover not less than 1.5 times the advertised Bid value during the last three previous financial years and in the current financial year up to the date of opening of the tender. The minimum financial turnover required would be 1.5 * 68052678 = 102079017. 2. Liquidity (T2): The bidder should have access to or has available liquid assets, lines of credit and other financial means to meet cash flow that is valued at 5% of the estimated bid value net of applicant's commitments for other contracts. The minimum liquidity required would be 5% of 68052678, which is 0.05 * 68052678 = 3402633.9. The formulas for calculating these are: - For T1, the average annual turnover for a Joint Venture (JV) will be calculated as (AM + BN)/100, where A and B are the average annual turnovers of member 1 and member 2 respectively, and M and N are their percentage participations. - For T2, the overall liquidity of a JV firm shall be assessed by the arithmetic sum of the liquidity of all members of the JV.
Technical Capacity
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The required prior work experience for the bidder includes satisfactorily completing one similar single service contract for a minimum of 35% of the advertised value of the bid in the last three previous financial years and the current financial year up to the date of opening of the tender. The similar service contract includes specific services such as "Mechanized cleaning of Railway coaches", "Mechanized en-route cleaning of trains", and others. The value of similar work done will be restricted to housekeeping and mechanized cleaning portion, with a minimum value of 35% of the advertised value of the bid. The advertised value of the bid is 68052678. Additionally, the bidder should have an aggregate financial turnover of at least 1.5 times the advertised bid value during the last three previous financial years and in the current financial year. The bidder should also have access to or available liquid assets, lines of credit, and other financial means to meet cash flow valued at 5% of the estimated bid value net of applicant's commitments for other contracts. The estimated bid value is 68052678, and the required cash flow is 5% of this value. The average annual turnover of a joint venture will be calculated based on the percentage participation of each member. The overall liquidity of a joint venture firm will be assessed by the arithmetic sum of the liquidity of all members of the joint venture. The specific amount of similar works completed is 35% of the advertised bid value, which is 0.35 * 68052678. The amount is 23818441.3. The percentage of similar works completed is 35%. The ePBG percentage is 5%.

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