Assam Police Housing Corporation Limited Tender

The bid capacity required to bid can be calculated using the formula: Bidding Capacity = {[AxNx2]-B}. Here, A = Maximum turnover in construction works executed in any one year during the last three years, N = Number of years prescribed for completion of work for which bids have been invited, B = Value of existing commitments and ongoing works to be completed during the period of completion of work for which bids have been invited. The bidding capacity of the contractor should be equal to or more than Rs. 2,59,48,967/-. Additionally, to become eligible for short listing, the bidder must secure at least fifty percent marks in each section and sixty percent marks in aggregate, with a total of 100 marks broken down into Financial strength, Experience, Performance on work - Time over Run, and Performance on work - Quality. However, the exact value of N and B are not provided, hence the exact bid capacity required cannot be calculated. But the minimum bidding capacity required is Rs. 2,59,48,967/-.