Indian Institute Of Technology Tender

To determine the bid capacity required, we look at the criteria that involve financial or quantitative measures related to the bidder's experience and capabilities. The key sections that outline the bid capacity requirements are: 1. Single Similar Work: More than Rs.2,00,22,109/- 2. Two Similar Works: More than Rs.1,50,16,582/- each 3. Three Similar Works: More than Rs.1,00,11,055/- each 4. Adjustment for Current Costing Level: Actual value of the work * (1 + 0.07 * number of years since completion) Therefore, the bid capacity required involves both a financial threshold for similar works and an adjustment formula to account for inflation over time. Additionally, the bid capacity required can be calculated based on the following: - Earnest Money Deposit (EMD): Rs. 12,51,382/- - Performance Guarantee: 10% of the Award Value - Approximate Cost of work: Rs. 2,50,27,636/- However, there is no specific formula provided for calculating the bid capacity. The bidder needs to ensure they meet the eligibility criteria and have the necessary resources to fulfill the scope of work. Given the information, the bid capacity required is mentioned in terms of Earnest Money Deposit (EMD) and Performance Guarantee. The EMD required is Rs. 12,51,382/-. The Performance Guarantee required is 10% of the contract value. No specific value or formula for the contract value is provided. The bid capacity required can be summarized as: - EMD: Rs. 12,51,382/- - Performance Guarantee: 10% of the contract value - Single similar work: More than Rs. 2,00,22,109/- - Two similar works: More than Rs. 1,50,16,582/- each - Three similar works: More than Rs. 1,00,11,055/- each - Adjustment for Current Costing Level: Actual value of the work * (1 + 0.07 * number of years since completion) Answer: 1. Single Similar Work: More than Rs.2,00,22,109/- 2. Two Similar Works: More than Rs.1,50,16,582/- each 3. Three Similar Works: More than Rs.1,00,11,055/- each 4. Adjustment for Current Costing Level: Actual value of the work * (1 + 0.07 * number of years since completion) 5. EMD: Rs. 12,51,382/- 6. Performance Guarantee: 10% of the contract value