Tender Overview
West Central Railway seeks a monthly Goods Transportation service for within-city movement of railway wheels and materials in Katni, Madhya Pradesh. Estimated value is ₹1,800,000 with an EMD of ₹36,000. Eligibility centers on demonstrable prior work in inter-state material transport by road, and financial capacity to sustain cash flow for ongoing contracts. The scope emphasizes service continuity, timely bill payments, and compliance with government procurement norms. The requirement highlights the need for a completion/performance certificate from a competent authority, and a clear demonstration of the bidder’s ability to mobilize resources for sustained operations. The tender’s distinguishing feature is its combination of minimum experience and stringent financial standing criteria to ensure reliable service delivery in a rail logistics context.
Technical Specifications & Requirements
- No explicit technical specifications are published in the tender data.
- Critical evaluation criteria include prior similar service contracts, minimum 35% of advertised value in completed or ongoing work, and references from public or private enterprises meeting high turnover thresholds.
- The bid requires documented completion/performance certificates indicating contract scope, commencement, extension details, and total payments.
- Financial qualifications include: aggregate turnover at least 1.5x the bid value over the last three fiscal years plus current year up to opening, and liquidity equal to 5% of bid value via audited statements or banking references.
- Banking references must be from a Scheduled Indian Bank and dated within 3 months of bid submission.
- No BOQ items are listed; emphasis is on organizational capability and financial health rather than itemized specs.
Terms, Conditions & Eligibility
- EMD: ₹36,000 (as per tender data).
- Experience: Minimum of one similar service contract in the last three completed financial years or current year up to bid opening; value must be at least 35% of advertised bid value; “similar nature” defined as inter-state material transport by road for government/PSU.
- Financial Standing: Turnover ≥ 1.5x ₹1,800,000 (~₹2,700,000) in three preceding years; liquidity ≥ 5% of bid value; audited balance sheets with CA details; banking references from a Scheduled Bank not older than 3 months.
- Documentation: Performance/completion certificates, audited financials, banking references, and organizational authorization letters.
- Delivery & Payment: No explicit delivery schedule provided; payment terms not specified beyond standard procurement norms; ensure compliance with rail procurement payment cycles.
