EAST CENTRAL RAILWAY - Indian Railways
EAST CENTRAL RAILWAY - Indian Railways
EAST CENTRAL RAILWAY - Indian Railways
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Page -09 of 40<br />
ELIGIBILITY CRITERIA FOR TENDER COSTING ABOVE 10.00 LAKH<br />
1 Should have completed in the<br />
last three financial years( i.e.<br />
current year and three previous<br />
years)<br />
2. Total contract amount received<br />
during the last 3(Three)<br />
financial years and in the<br />
current financial year.<br />
At least one similar single work for a minimum value of 35% of<br />
advertised Tender value of work.<br />
Should be a minimum of 150% of the advertised tender value.<br />
Tender Committee would satisfy themselves about the<br />
authenticity of the certificates produced by the tenderer(s) to this<br />
effect which may be an attested certificate from the employer/<br />
client , audited balance sheet duly certified by the chartered<br />
Accountant etc. The details about the certificate to be accepted in<br />
regard to the turnover.<br />
(A)List of work completed in the last three financial years giving description of work,<br />
organization for whom executed , approximate value of contract at the time of award<br />
and date of scheduled completion of work. Date of actual start, actual completion and<br />
final value of contract should also be given.<br />
(B)List of work on hand indicating description of work, contract value, approximate<br />
value of balance work yet to be done , date of award of work and payment received till<br />
date from the same contract.<br />
NOTE: (1) For (A) and (B) above related documents/certificates from the<br />
organizations<br />
with whom they worked /are working should be enclosed.<br />
(2) Certificates from private individuals for whom such work are executed<br />
/being executed shall not be accepted.<br />
SPECIAL CONDITION FOR RECOVERY OF TAXES<br />
1. Income Tax @ 2% (Two percent) on the Gross amount of each bill , with a<br />
surcharge of 15% (Fifteen percent ) on the Income Tax deducted, will be recovered<br />
from all the bills of the contractors in terms of Section-194 ( C) of Income Tax Act-<br />
1961 and Ministry of Finance circular No. 593 dtd. 05.02.1991.<br />
In case of any revision / alteration in taxes, received from the Income Tax<br />
Department, the same will be taken into account as per the directives.<br />
2. Sales Tax will be recovered from the contractors’ bills as per the rule, circulated by<br />
the concerned state Government.<br />
……………………………………<br />
(Signature)<br />
Signature of Tenderer(s)<br />
Date…………………………<br />
………..…………………………………<br />
(Designation