North Eastern Railway Tender

The required prior work experience for the bidder includes successfully completing similar works during the last 07 years, with specific requirements as follows: - Three similar works costing not less than 30% of the advertised value of the tender, - Two similar works 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. Additionally, the bidder should furnish certificates and testimonials regarding contracting experience, including details such as Description of Work, Organization, approximate value of contract, Dates of award and completion, and actual start and completion dates. However, another source mentions a financial criterion requiring a minimum average annual contractual turnover, calculated based on the advertised value of the tender and completion years, with the average annual contractual turnover being the average of "total contractual payments" in the previous three financial years. No specific value or percentage of similar works completed is mentioned in this source.