Assam Police Housing Corporation Limited Tender

To extract the bid capacity required in the given tender, we look at the provided formulas and values. The bidding capacity of a contractor should be equal to or more than Rs. 2,87,47,309/-. The bidding capacity is calculated by the formula: Bidding Capacity = {[AxNx2]-B}, where A = Maximum turnover in construction works executed in any one year during the last three years, N = Number of years prescribed for completion of work for which bids have been invited, and B = Value of existing commitments and ongoing works to be completed during the period of completion of work for which bids have been invited. Given this information, the bid capacity required can be directly calculated using the provided formula and the specified value of Rs. 2,87,47,309/- as a minimum threshold. Therefore, the bid capacity required in the given tender to bid, having a value, is Rs. 2,87,47,309/-, and the formula is Bidding Capacity = {[AxNx2]-B}.