Central Coalfields Limited Tender

The class eligibility requirement to bid or participate in this tender is 'Class-I Local Supplier' or 'Class-II Local Supplier'.

The bid capacity required in the given tender can be represented by two main formulas: 1. Working Capital ≥ 0.20 * (Annualized value or Estimated value whichever is less) 2. Experience of works: - 50% of (annualized estimated value of the work) for completion period over 1 year - 50% of (estimated value of the work) for completion period up to one year Additionally, specific requirements for joint ventures/consortiums are: - The lead member shall have at least 50% share in the required working capital - All other members shall have at least 25% share in the required working capital Given the estimated bid value is 46034160, and considering the contract duration is 2 years, the annualized value is the same as the estimated bid value. The working capital required can be calculated as: Working Capital ≥ 0.20 * 46034160 Working Capital ≥ 9206832.00 For experience of works, since the contract duration is 2 years (over 1 year), the formula is: 50% of (annualized estimated value of the work) 50% of 46034160 23017080.00 Therefore, the bidder must have experience of works valuing at least 23017080.00 in any year during the last 7 years.