Assam University Tender

The bid capacity required includes two main components: 1. Financial Capacity: A minimum average annual turnover of 50 Lakh for 3 years. This can be calculated using the formula: Average Turnover = Total Turnover for 3 years / 3. Documentary evidence such as certified Audited Balance Sheets or a certificate from a Chartered Accountant/Cost Accountant indicating the turnover details for the relevant period is required. 2. Experiential Capacity: The bidder must have experience in providing similar types of services to any Central/State Govt Organization/PSU, with specific criteria including: - Three similar completed services costing not less than 40% of the estimated cost. - Two similar completed services costing not less than 50% of the estimated cost. - One similar completed service costing not less than 80% of the estimated cost. However, the exact number of years of past experience required is specified as 3 years in the detailed analysis. Thus, the bid capacity involves both financial and experiential components with specified criteria.