South East Central Railway Invites Bids for 1.8 MW Rooftop Solar Systems
The last date to submit the bids is October 10, 2024
September 20, 2024
The Bilaspur Division – Electrical of the South East Central Railway has issued a tender to set up rooftop solar systems with a total capacity of 1.876 MW on service, station, and residential buildings in CAPEX mode.
The last date to submit the bids is October 10, 2024.
The advertised value of the tender is ₹88 million (~$1.053 million).
Bidders must pay an earnest money deposit of ₹591,700 (~$7,082).
The security deposit will be 5% of the contract value.
Bidders will pay a bid security as follows:
- For works estimated to cost up to ₹10 million (~$119,675): 2% of the estimated cost.
- For works estimated to cost more than ₹10 million (~$119,675): ₹2 million (~$2,394) plus o.5% of the excess of the estimated cost of work beyond ₹10 million (~$119,675) subject to a maximum of ₹10 million (~$119,675).
The projects must be completed within 12 months.
The bidders must have a minimum average annual contractual turnover of V/N or V, whichever is less, where V= advertised value of the tender in rupees and N= number of years prescribed for completion of work.
The annual contractual turnover will be calculated as an average of total contractual payments in the previous three financial years, per the audited balance sheet.
However, if the balance sheet of the previous year has yet to be prepared/audited, the audited balance sheet of the fourth previous year will be considered to calculate the average annual contractual turnover.
The successful bidder must submit the performance guarantee of 5% of the original contract value within 21 days from the date of issue of the Letter of Acceptance (LOA). Bidders will be allowed an extension of time for submission of the performance guarantee up to 60 days from the date of issue of the LOA.
Bidders must have completed any of the following categories of work during the last seven years:
- Three similar works, each costing not less than the amount equal to 30% of the advertised value of the tender
- Two similar works, each costing not less than the amount equal to 40% of the advertised value of the tender
- One similar work costing not less than the amount equal to 60% of the advertised value of the tender.
Besides work experience certificates issued by a government organization, work experience certificates issued by a publicly listed company having a minimum average annual turnover of ₹5 billion (~$59.84 million) in the last three financial years, excluding the current financial year, will be considered.
Earlier, the Hubli Division-Electrical of the South Western Railway invited bids for grid-connected rooftop solar projects with a cumulative capacity of 62.99 MW at railway stations, residences, and level crossing gates.
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