Directorate General Defence Estates Tender

To determine the bid capacity required, we look at the conditions that outline the eligibility criteria for bidders, particularly focusing on financial and experiential requirements. 1. Average Annual Turnover: The bidder should have an average annual turnover of at least 30% of the estimated cost of the work. Given the estimated cost of work is Rs.2,50,00,000/-, the calculation for the required average annual turnover would be: Average Annual Turnover ≥ 30% of Rs.2,50,00,000/- Average Annual Turnover ≥ 0.30 * Rs.2,50,00,000/- Average Annual Turnover ≥ Rs.75,00,000/- 2. Experience: The bidder must have successfully completed similar works during the last 7 years, with specific value conditions: - Option (a): Three similar completed works, with each work's cost ≥ 40% of the estimated cost / 3 - Each work's cost ≥ 0.40 * Rs.2,50,00,000/- / 3 - Each work's cost ≥ Rs.1,00,00,000/- / 3 - Each work's cost ≥ Rs.33,33,333.33/- - Option (b): Two similar completed works, with each work's cost ≥ 50% of the estimated cost / 2 - Each work's cost ≥ 0.50 * Rs.2,50,00,000/- / 2 - Each work's cost ≥ Rs.1,25,00,000/- / 2 - Each work's cost ≥ Rs.62,50,000/- - Option (c): One similar completed work, with the work's cost ≥ 80% of the estimated cost - The work's cost ≥ 0.80 * Rs.2,50,00,000/- - The work's cost ≥ Rs.2,00,00,000/- These calculations provide the minimum thresholds for average annual turnover and experience in similar works that a bidder must meet to be eligible for the tender. The bid capacity required includes having an average annual turnover of at least Rs.75,00,000 and completing similar works with values as per the specified options.