Basic Education Department Tender

To determine the bid capacity required, we look at the estimated bid value and past experience criteria. The estimated bid value is 28195948. For past experience, the bidder must have completed similar services in the last three years with specific cost conditions: 1. Three similar services costing not less than 40% of the estimated cost, 2. Two similar services costing not less than 50% of the estimated cost, 3. One similar service costing not less than 80% of the estimated cost. Calculating these values: 1. 40% of 28195948: 0.4 * 28195948 = 11278399.2 2. 50% of 28195948: 0.5 * 28195948 = 14097974 3. 80% of 28195948: 0.8 * 28195948 = 22556758.4 Therefore, the bid capacity required can be any one of the following: - Three similar completed services with a total value of at least 11278399.2 - Two similar completed services with a total value of at least 14097974 - One similar completed service with a value of at least 22556758.4 The formulas are: 1. 0.4 * Estimated Bid Value 2. 0.5 * Estimated Bid Value 3. 0.8 * Estimated Bid Value And the values are: 1. 11278399.2 2. 14097974 3. 22556758.4