North Central Railway Tender

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North Central Railway - NCR Tender

Works
Transportation and Logistics
Ireps
Opening Date20 May 2025
Closing Date10 Jun 2025
Tender Amount₹ 2,55,13,821.89 

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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The formula for bid capacity or average annual contractual turnover is 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.
Technical Capacity
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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 7 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 each costing not less than 60% of the advertised value of the tender. For substantially completed work, the total gross amount already paid, including the price variation amount, should be 90% or more of the present contract value. The amount for completed work is the value of the final bill, including the price variation amount. In case of tenders for composite works, the tenderer must have successfully completed or substantially completed: - Three similar works each costing not less than 30% of the advertised value of each component of the tender, - Two similar works each costing not less than 40% of the advertised value of each component of the tender, - One similar work each costing not less than 60% of the advertised value of each component of the tender. A work started prior to 7 years but completed in the last 7 years can be considered for fulfilling credentials. The credential certificate for substantially completed work should have been issued not prior to 60 days of the date of invitation of the present tender. The bidder should submit certificates and testimonials regarding this experience, along with a list of works carried out in the past, as per the specified requirements.

Costs

Summary

Improvement To Various Yards In Mtj-awr Section Under Aden-ii/mtj.

Description

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Past Bidders
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