Armoured Vehicles Nigam Limited Tender

To determine the bid capacity required, we look at the details provided for the tender. The tender is for Manpower Outsourcing Services, specifically for unskilled labor, with key details including the number of resources to be hired, minimum daily wage, bonus, and other benefits. The total cost per day for one worker can be calculated by adding the minimum daily wage, bonus, EDLI, EPF admin charge, ESI, and provident fund. This gives us a total cost per day per worker of 976.542 INR. For all workers per day, the total daily cost is 144,517.256 INR, calculated by multiplying the total cost per day per worker by the number of workers. For the entire contract period of 12 months, assuming 26 working days per month, the total contract cost is approximately 45,111,194 INR. The formula to calculate the total contract cost based on the provided details is: Total Contract Cost = (783 + 65.22 + 3.915 + 3.915 + 25.447 + 93.96) * 148 * 26 * 12. Therefore, the bid capacity required in terms of financial commitment for this tender is approximately 45,111,194 INR. The bid capacity required can be calculated using the formula: Total Contract Cost = (783 + 65.22 + 3.915 + 3.915 + 25.447 + 93.96) * 148 * 26 * 12.