North Central Railway Tender

The bidder must have successfully completed or substantially completed specific categories of work(s) during the last 7 years. The categories include: (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. 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. For tenders below Rs. 50.00 Lakhs, no minimum eligibility criteria is specified, but tenderers are advised to upload documents to demonstrate their financial capacity, capability, and past performance. The tenderer must have a minimum average annual contractual turnover, calculated as an average of total contractual payments in the previous three financial years. For works having an advertised value of more than 20 crores, bid capacity will be evaluated, and details are to be submitted. Similar work is defined as any P. Way work.