Border Security Force Tender

To determine the bid capacity required, specific values or formulas that dictate the minimum or required bid amount or capacity must be identified. From the provided details, the estimated cost is given as Rs 3,62,66,923. The bid capacity required can be calculated based on the eligibility criteria for bidders, which include: - Three similar works each of value not less than 40% of the estimated cost, - Two similar works each of value not less than 60% of the estimated cost, - One similar work of value not less than 80% of the estimated cost. Calculating these: - 40% of Rs 3,62,66,923 = Rs 1,45,06,769.2 (for each of three works), - 60% of Rs 3,62,66,923 = Rs 2,17,60,153.8 (for each of two works), - 80% of Rs 3,62,66,923 = Rs 2,90,13,438.4 (for one work). Additionally, the average annual financial turnover on construction works should be at least 30% of the estimated cost put to tender during the immediate last three consecutive financial years. This can be calculated as: Average annual financial turnover = 30% of estimated cost = 0.3 * 3,62,66,923 = Rs 1,08,80,076.9 The value of annual turnover figures shall be brought to current value by enhancing the actual turnover figures at a simple rate of 7% per annum. Therefore, the bid capacity required includes both financial turnover and work experience criteria as outlined above, with specific values calculated based on the estimated cost of the tender.