Central Warehousing Corporation Tender

To determine the bid capacity required, we consider the financial and experiential prerequisites. The key information includes a minimum average annual turnover and past experience in similar services. The minimum average annual turnover required is 74 Lakh. For past experience, the bidder must have successfully executed or completed similar services with values meeting specific conditions relative to the estimated cost. Formulas for calculating the required turnover and experience are: - Turnover Formula: (Total Turnover for the last 3 years) / 3 ≥ 74 Lakh - Past Experience Formulas: 1. For one service: Service Cost ≥ 0.8 * Estimated Cost 2. For two services: (Service Cost 1 + Service Cost 2) ≥ 0.5 * Estimated Cost * 2 3. For three services: (Service Cost 1 + Service Cost 2 + Service Cost 3) ≥ 0.4 * Estimated Cost * 3 Given the estimated bid value of 24448819, specific bid capacity values can be calculated as follows: 1. For three similar services: 3 * 0.4 * 24448819 = 29378308 2. For two similar services: 2 * 0.5 * 24448819 = 24448819 3. For one similar service: 1 * 0.8 * 24448819 = 19559055 Therefore, the bid capacity required can be any of these values based on the bidder's past experience: 29378308, 24448819, or 19559055, with a minimum average annual turnover of 74 Lakh.