Corporation Of Chennai Tender

Class I

The bid capacity required in the given tender can be calculated using the formula: Bid capacity = A x N x 1.5 - B Where: A = Maximum annual turnover in any one year during the last five years (updated to the current price level) N = Number of years prescribed for completion of the work for which bids are invited B = Value (updated at the current price level) of the existing commitments and ongoing works to be completed during the next 'N' years. Given that N = 0.5 years, the formula can be simplified to: Bid capacity = 0.75A - B The bid capacity should be greater than the value of the work, which is approximately Rs. 204.5 Lakhs. Therefore, the bid capacity required is: Bid capacity > 204.5 Lakhs Alternatively, the available bid capacity can be calculated as: Assessed Available Bid capacity = (A x N x 1.5 - B) Note that the exact values of A and B are not provided, and the bidder needs to calculate and submit their bid capacity based on their own financial data.