Delhi Urban Shelter Improvement Board Tender

To determine the bid capacity required, we need to consider the financial and technical requirements. The average annual turnover should be at least 50% of the estimated cost. The net worth should be a minimum of 25% of the estimated cost. The solvency should be 40% of the estimated cost. For experience, the bidder should have: - Three similar works, each valued at least 40% of the estimated cost. - Or, two similar works, each valued at least 60% of the estimated cost. - Or, one similar work valued at least 80% of the estimated cost. Given the estimated cost is Rs. 27022783, we can calculate the values as follows: - 50% of Rs. 27022783 = Rs. 13511391.50 (average annual turnover) - 25% of Rs. 27022783 = Rs. 6755695.75 (net worth) - 40% of Rs. 27022783 = Rs. 10809113.20 (solvency) - 40% of Rs. 27022783 = Rs. 10809113.20 (three similar works, each valued at least this amount) - 60% of Rs. 27022783 = Rs. 16213669.80 (two similar works, each valued at least this amount) - 80% of Rs. 27022783 = Rs. 21618226.40 (one similar work valued at least this amount) Therefore, the bid capacity required can be summarized with these values and formulas.