Eastern Railway Tender

The required prior work experience for the bidder includes having 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 the amount equal to 30% of the advertised value of the tender, (ii) Two similar works each costing not less than the amount equal to 40% of the advertised value of the tender, or (iii) One similar work costing not less than the amount equal to 60% of the advertised value of the tender. The bidder must also have a minimum average annual contractual turnover of 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. In this case, the advertised value is 45739619.89. To calculate the specific amounts, we can use the given percentages: 30% of 45739619.89 is approximately 13721885.97, 40% of 45739619.89 is approximately 18295847.96, and 60% of 45739619.89 is approximately 27443771.93. These values represent the minimum amounts for similar works completed as per the given categories.