Water Resources Department Tender

The class eligibility requirement to bid or participate in this tender includes Class 1 C, Class II, and Class III contractors.

The bid capacity required in the given tender to bid can be calculated using the 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 = Value of existing Tender or Value of works already completed and for which final bill has been submitted but not yet paid. 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(three) 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. However, if a bidder has been awarded work to the extent of twice the highest turnover in the last 3 (three) years, or if his past work awarded and taking into account the current bid would cross twice the highest annual Turnover of last 3 (Three) years, he/she would be deemed to be financially ineligible to bid and his bid would be rejected on this ground. Bidders, who meet the qualification criteria, will be qualified if their available bid capacity at the time of bidding is not less than the total package value. The bid capacity is also defined as the monetary value of construction work, in aggregate, which the Department deems itself reasonably assured that a particular contractor is capable of executing and completing successfully at a given time. 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 = Value of works already completed and for which final bill has been submitted but not yet paid. 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 been awarded work to the extent of twice the highest turnover in the last 3 (three) years, or if his past work awarded and taking into account the current bid would cross twice the highest annual Turnover of last 3 (Three) years, he/she would be deemed to be financially ineligible to bid and his bid would be rejected on this ground. However, if a bidder has already been awarded work equal to twice his Annual Turnover of the last 3(three) 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. To determine the bid capacity required, we need to look at the financial requirements and formulas provided in the tender documents. According to the information provided, the following are relevant: - Annual Turnover: The bidder's annual turnover for civil works is considered. A certificate for the preceding five financial years from a registered Chartered Accountant is required. - Existing Commitments/Liabilities: The bidder must submit a table containing the value of existing commitments/liabilities of all ongoing works awarded, which remains to be completed. - Bid Security (EMD): The bid security amount is specified, though the exact amount is not provided in the query. It's mentioned that the bid security may be forfeited under certain conditions. - Minimum Machinery Requirements: Depending on the package value (above or up to Rs. 5 Crore), there are specified minimum requirements for plant and equipment like Hydraulic Excavator cum loader, Dumper/Tipper or Tractor With Trailer, and Static Roller. However, a specific "bid capacity" formula or direct requirement is not explicitly mentioned in the provided context. The focus is more on the bidder's financial soundness, technical capabilities, and compliance with specified conditions rather than a straightforward "bid capacity" calculation. Given the information and the requirement to extract bid capacity with value and formulas, the response would be: 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 = Value of existing Tender or Value of works already completed and for which final bill has been submitted but not yet paid. 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