South Central Railway Tender

The required prior work experience for the bidder includes completion of similar works within the last 7 years. The bidder must have successfully completed or substantially completed any one of the following categories of work(s): (i) Three similar works each costing not less than 30% of the advertised value of the tender, (ii) Two similar works each costing not less than 40% of the advertised value of the tender, (iii) One similar work costing not less than 60% of the advertised value of the tender. Additionally, the bidder should have successfully completed at least one work similar to the work proposed, costing not less than 35% value of the work to be executed, in the last 5 years. The value of the completed work shall be considered as the completion cost of work, which includes the final bill amount (gross amount) including the Price Variation Clause (PVC) amount, if paid. In case of substantially completed work, the total gross amount already paid, including the PVC amount, shall be considered as the cost of substantially completed work. The bidder must have completed a work with a value equal to or more than the advertised value of the tender. The work experience certificate should have been issued not prior to 60 days of the date of invitation of the present tender. The bidder must have a minimum average annual contractual turnover of V/N or 'V' whichever is less, where V is the advertised value of the tender in crores of Rupees and N is the number of years prescribed for completion of work for which bids have been invited. 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. In case of tenders for composite works, the tenderer must have 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 30% of the advertised value of each component of the tender, (ii) Two similar works each costing not less than 40% of the advertised value of each component of the tender, (iii) One similar work each costing not less than 60% of the advertised value of each component of the tender. For subletting of work costing up to Rs 50 lakh, no previous work experience of the subcontractor is required. The 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.