Corporation Of Chennai Tender

Class I

The bid capacity required in the given tender includes: 1. Minimum annual financial turnover: Rs.563.72 Lakhs 2. 80% of the Package value: Rs.300.65 Lakhs 3. Estimated cash flow required: Rs.187.91 Lakhs 4. Package value: Rs.375.81 Lakhs Formulas: 1. 80% of the Package value 2. Minimum annual financial turnover in civil engineering construction work: 1.5 times the value of the project being bided (150% value of the project being bided) 3. Estimated cash flow required: 50% of the total value of the project for which the bid is being submitted Additionally, the tender requires: - A batching plant with a capacity of 30 cubic meters per hour - A dewatering pump of 15 HP - A vibratory earth rammer or compactor of 5 HP or more However, the primary formula for calculating the bid capacity is: Bid capacity >= Total bid value And the Assessed Available Bid capacity = (A x N x 1.5 - B) Where A = Maximum value of civil engineering works executed in any one year during the last five years N = Number of years prescribed for completion of the works for which bids are invited B = Value, at the current price level, of existing commitments on on-going works to be completed during the period of completion of the works for which bids are invited.