Water Resources Department Tender

The class eligibility requirement to bid or participate in this tender is Class 1 C (for BE/Engineering graduates), Class II (for Diploma Engineers), and Class III contractors.

Bidding Capacity = 2A - (B+C), where A = Maximum turnover in any one year during the last three years, B = Value of existing commitments/liabilities of all ongoing works awarded to the bidder remaining to be completed, and C = Value of existing Tender. A bidder’s maximum bid capacity shall be calculated as 2 (two) times of the bidder’s highest Annual Turnover in any of the preceding last 3(three) years. In case a bidder has already been awarded work equal to twice his Annual Turnover of the last 3 years but has received some running payment against those works, the bidder would be eligible to bid for new works to the extent of payments already received by him. The bid capacity is used to determine the bidder's eligibility to bid and to evaluate their technical capabilities. The values of A, B, and C are calculated based on the bidder's financial performance over the last three years, and the value of existing commitments and liabilities, as well as the value of the existing tender. The bid capacity is a critical factor in determining the bidder's eligibility to bid, and it is used to evaluate their technical capabilities and financial resources. The bidder must ensure that they have the necessary bid capacity to be eligible to bid, and they must comply with the formula and requirements outlined in the tender document. The bid capacity is an important aspect of the tender process, and it helps to ensure that the bidder has the necessary financial resources to complete the project successfully. The formula for calculating the bid capacity is a key part of the tender process, and bidders must ensure that they comply with it in order to be eligible to bid. The bid capacity is calculated based on the bidder's financial performance over the last three years, and it takes into account the value of existing commitments and liabilities, as well as the value of the existing tender. The bid capacity is used to evaluate the bidder's technical capabilities and financial resources, and it is a key factor in determining their eligibility to bid. The bidder must ensure that they have the necessary bid capacity to be eligible to bid, and they must comply with the formula and requirements outlined in the tender document. The bid capacity is an important aspect of the tender process, and it helps to ensure that the bidder has the necessary financial resources to complete the project successfully. The formula for calculating the bid capacity is: Bidding Capacity = 2A - (B+C), where A = Maximum turnover in any one year during the last three years, B = Value of existing commitments/liabilities of all ongoing works awarded to the bidder remaining to be completed, and C = Value of existing Tender. The bid capacity is a critical factor in the tender process, and it is used to evaluate the bidder's technical capabilities and financial resources. The bidder must ensure that they understand and comply with the formula and requirements outlined in the tender document, and they must have the necessary bid capacity to be eligible to bid. The bid capacity is calculated based on the bidder's financial performance over the last three years The bid capacity is defined as the monetary value of construction work that a contractor is capable of executing and completing successfully at a given time. The bid capacity is calculated using the following formula: Bidding Capacity = 2A - (B+C) Where, A = Maximum turnover in any one year during the last three years B = Value of existing commitments/liabilities of all ongoing works awarded to the bidder remaining to be completed. C = (Not explicitly defined in the given context, but mentioned in the formula) Additionally, a bidder’s maximum bid capacity shall be calculated as 2 (two) times of the bidder’s highest Annual Turnover in any of the preceding last 3(three) years. In case a bidder has already been awarded work equal to twice his Annual Turnover of the last 3 years but has received some running payment against those works, the bidder would be eligible to bid for new works to the extent of payments already received by him. Also, if a bidder has been awarded work to the extent of twice the highest turnover in the last 3 years, or if his past work awarded and taking into account the current bid would cross twice the highest annual Turnover of last 3 years, he/she would be deemed to be financially ineligible to bid and his bid would be rejected on this ground.