North East Frontier Railway Tender

To determine the bid capacity required, we look at the estimated bid value and the criteria related to turnover and past experience. The estimated bid value is 94,749,046.45. For the bid capacity, the following criteria are mentioned: 1. Three similar completed services costing not less than 40% of the estimated cost, which is 37,899,618.58. 2. Two similar completed services costing not less than 50% of the estimated cost, which is 47,374,523.22. 3. One similar completed service costing not less than 80% of the estimated cost, which is 75,799,237.16. Additionally, the minimum average annual financial turnover of the bidder during the last three years is specified as 474 Lakh. The bid capacity required in terms of financial turnover is 474 Lakh. Also, the bidder should have experience of providing similar type of services to any Central/State Govt Organization/PSU for 3 years. Formulas mentioned include: - L-1+15% of margin of purchase preference/price band for MSE bidders to be eligible for 100% order quantity. Values mentioned include: - EMD Amount: 623800 (approximately 62.38 lakh rupees) - Estimated Bid Value: Not explicitly mentioned as 474 lakh rupees for bid capacity, but 94,749,046.45 for estimated bid value. The bid capacity required in terms of similar completed services would be: - At least 37,899,618.58 for three similar services, - At least 47,374,523.22 for two similar services, - At least 75,799,237.16 for one similar service. The bid capacity in terms of financial requirement is 474 Lakh.