Council Of Scientific And Industrial Research Tender

To determine the bid capacity required, we look at the experience and financial criteria. The tender specifies that bidders must have successfully executed similar services over the last three years, with specific criteria related to the estimated cost of the services. The criteria are as follows: 1. Three similar completed services costing not less than 40% of the estimated cost. 2. Two similar completed services costing not less than 50% of the estimated cost. 3. One similar completed service costing not less than 80% of the estimated cost. Given the estimated bid value is 27,000,000, we can calculate the required bid capacity as follows: 1. For three similar services: 3 * 0.4 * 27,000,000 = 32,400,000 2. For two similar services: 2 * 0.5 * 27,000,000 = 27,000,000 3. For one similar service: 1 * 0.8 * 27,000,000 = 21,600,000 Therefore, the bid capacity required can be summarized with the following formulas and values: - Three similar services: 3 * 0.4 * Estimated Bid Value = 32,400,000 - Two similar services: 2 * 0.5 * Estimated Bid Value = 27,000,000 - One similar service: 1 * 0.8 * Estimated Bid Value = 21,600,000 Additionally, the minimum average annual turnover of the bidder for 3 years is 200 Lakh, and the bidder must have experience for a number of years, which is 3 years, of providing similar types of services, with specific experience requirements: - 3 services ≥ 40% of estimated cost - 2 services ≥ 50% of estimated cost - 1 service ≥ 80% of estimated cost The bid capacity required involves both financial (turnover) and experiential (years and type of experience) components. However, other sources mention an EMD Amount and a requirement for an ePBG with a percentage and duration but do not explicitly provide a formula for calculating the bid capacity based on these values. Given the information, the bid capacity required for the tender can be calculated using the provided formulas based on the estimated bid value and the specific experience requirements, along with the minimum average annual turnover.