Basic Education Department Tender

To determine the bid capacity required, we look at the conditions related to past experience and financial turnover. The bid capacity is indirectly related to the estimated bid value and the formulas provided for past experience in similar services. The formulas provided are: 1. Three similar completed services costing not less than 40% of the estimated cost. 2. Two similar completed services costing not less than 50% of the estimated cost. 3. One similar completed service costing not less than 80% of the estimated cost. Given the estimated bid value is 63228880, we can calculate the required bid capacity as follows: 1. For three similar services: 40% of 63228880 = 0.4 * 63228880 = 25291552 2. For two similar services: 50% of 63228880 = 0.5 * 63228880 = 31614440 3. For one similar service: 80% of 63228880 = 0.8 * 63228880 = 50583104 Therefore, the bid capacity required to bid, based on the value and formulas provided, would be at least one of the following: - Three services with a total value of at least 25291552 - Two services with a total value of at least 31614440 - One service with a value of at least 50583104 These values represent the minimum thresholds for past experience in similar services that a bidder must have to be eligible to bid. In terms of financial eligibility, the minimum average annual turnover of the bidder during the last three years should be 190 Lakh (Rs). The bid capacity can be summarized as follows: - Financial Capacity: Minimum average annual turnover of 190 Lakh (Rs) over the last 3 years. - Experience Capacity: At least 3 years of experience in similar services, with the specific values calculated above. - EMD: Rs 632289. - ePBG: 5.00% of the contract value for 12 months. The required bid capacity to bid is at least one of the following: - Three services with a total value of at least 25291552 - Two services with a total value of at least 31614440 - One service with a value of at least 50583104, along with a minimum average annual turnover of 190 Lakh (Rs) over the last 3 years.