Asansol Durgapur Development Authority Tender

The bid capacity required in the given tender can be expressed in terms of the following formulas and values: - Minimum value of similar work completed: 0.4 * Estimated Cost = 0.4 * 4,76,01,887.00 = 1,90,40,754.80 - Minimum value of two similar works completed: 0.3 * Estimated Cost (for each work) = 0.3 * 4,76,01,887.00 = 1,42,80,566.10 - Liquid assets required: 0.10 * Estimated Cost = 0.10 * 4,76,01,887.00 = 47,60,188.70 Additionally, the tenderer should have access to or have available liquid assets (aggregate of working capital, cash-in-hand, uncommitted Bank Guarantees) and/or credit facilities not less than 10% of the estimated cost put to tender. Formula: Liquid Assets ≥ 0.10 * Estimated Cost Where Liquid Assets = (Working Capital + Cash-in-hand + Uncommitted Bank Guarantees) The estimated cost is 4,76,01,887.00. Thus, the bid capacity required can be calculated using these formulas and the given estimated cost.