City And Industrial Development Corporation Of Maharashtra Limited Tender

Class – III & Above

The bid capacity required in the given tender can be partially calculated using the formula: Available Bid capacity = 2 x A x N - B Given that the Average Audited (Annual) Turnover (A) should be at least 30% of the Cost Put to the Bid, which is ` 75.31 Lakhs (excluding GST and any other Taxes) for the last 3 years, and N = 3 years (as the work is for Repairs and Maintenance of sewer line network for 3 years). Available Bid capacity = 2 x 75.31 Lakhs x 3 - B Available Bid capacity = 451.86 Lakhs - B However, another source states that the Cost put to the Bid is ` 2,51,02,244.52 (excluding GST), and the Prospective Bidder will be qualified only if their available bid capacity is more than the Cost put to the Bid. Therefore, the bid capacity required is more than ` 2,51,02,244.52. Formulas for price adjustments are also provided: 1. Price adjustment for cement component 2. Price adjustment for HYSD / TMT steel component: Vs = Qs x (S1 – S0) 3. Price adjustment for structural steel component: Vst = Qst x (St1 – St0) 4. Price Adjustment for C.I. / D.I. pipes: Vd = Qd x (P1 – P0) 5. Price Adjustment for Bitumen: Vb = Qb x (B1 – B0)