Coal India Limited Tender

To determine the bid capacity required, specific thresholds of past contract values are considered in relation to the estimated cost of the project. The requirements are as follows: 1. For three similar completed services, the cost should be at least 40% of the estimated cost. 2. For two similar completed services, the cost should be at least 50% of the estimated cost. 3. For one similar completed service, the cost should be at least 80% of the estimated cost. Given an estimated bid value of 30600000, the calculations for the required bid capacity are: 1. For three similar completed services: 40% of 30600000 = 12240000 2. For two similar completed services: 50% of 30600000 = 15300000 3. For one similar completed service: 80% of 30600000 = 24480000 Therefore, the bid capacity required can be summarized as: - At least 12240000 for three similar services - At least 15300000 for two similar services - At least 24480000 for one similar service These values represent the minimum costs of similar services that a bidder must have completed to meet the bid capacity requirements.