Department Of Atomic Energy Tender

To determine the bid capacity required, we look at the conditions related to past experience and financial capabilities. The tender specifies that the bidder must have successfully executed or completed similar services over the last three years, with specific thresholds related to the estimated cost of the current bid. The conditions 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 20,000,000 INR, we can calculate the required bid capacity as follows: 1. For three similar services: 3 * 0.4 * 20,000,000 = 24,000,000 INR 2. For two similar services: 2 * 0.5 * 20,000,000 = 20,000,000 INR 3. For one similar service: 1 * 0.8 * 20,000,000 = 16,000,000 INR Therefore, the bid capacity required can be summarized with the following values and formulas: - For three similar services: 3 * 0.4 * Estimated Cost - For two similar services: 2 * 0.5 * Estimated Cost - For one similar service: 1 * 0.8 * Estimated Cost Where Estimated Cost = 20,000,000 INR. The minimum average annual turnover of the bidder is 100 Lakh (s), and the years of past experience required for the same/similar service is 3 Year (s). Thus, the bid capacity required for the given tender to bid having value and formulas is found. The bid capacity required is: 1. For three similar services: 24,000,000 INR or 3 * 0.4 * Estimated Cost 2. For two similar services: 20,000,000 INR or 2 * 0.5 * Estimated Cost 3. For one similar service: 16,000,000 INR or 1 * 0.8 * Estimated Cost Where Estimated Cost = 20,000,000 INR.