Assam University Tender

The bid capacity required can be calculated based on the estimated bid value and the specified percentages. The estimated bid value is 28800000. To determine the bid capacity, we look at the following requirements: 1. Three similar completed services costing not less than 40% of the estimated cost, which is 11520000. 2. Two similar completed services costing not less than 50% of the estimated cost, which is 14400000. 3. One similar completed service costing not less than 80% of the estimated cost, which is 23040000. Therefore, the bid capacity required can be any of the following: - Three similar completed services with a total value of at least 11520000 - Two similar completed services with a total value of at least 14400000 - One similar completed service with a total value of at least 23040000 Additionally, the bid capacity required includes: - Minimum Average Annual Turnover of the bidder: 50 Lakh (for 3 years) - Years of Past Experience Required for same/similar service: 2 Years - Past Experience of Similar Services required: Yes Formulas for calculations include: - Average turnover calculation: Average of the last 3 years' turnover, or average of completed financial years if the bidder is less than 3 years old. - Purchase preference for MSEs: 100% order quantity will be awarded to MSE bidders if their price is within L1+15% margin of purchase preference/price band. However, the formula for determining the reasonableness of quoted prices is not explicitly mentioned and will be determined by the buyer based on their own assessment and competitive prices received. The key criteria for bid capacity are the estimated bid value, past experience in similar services, and the specifics of the service being tendered. The bidder must have successfully executed/completed similar services over the last three years, with specific financial thresholds. Given the estimated bid value, we can calculate the bid capacity required using the specified percentages. The bid capacity requirement is tied to the bidder's past experience and financial scale of similar projects. Thus, the bid capacity required in the given tender can be calculated using the provided information and formulas.