Directorate General Defence Estates Tender

To determine the bid capacity required, we look at the eligibility criteria that involve financial and experiential requirements. The key criteria mentioned include: 1. Average Annual Turnover: The bidder should have an average annual turnover of at least 30% of the estimated cost of the work during the last 3 years, ending 31 March of the previous financial year. This can be summarized as: ≥ 0.3 * Estimated Cost 2. Experience: The bidder must have successfully completed similar works with specific value criteria: - Three similar completed works costing not less than 40% of the estimated cost: ≥ 0.4 * Estimated Cost per work - Two similar completed works costing not less than 50% of the estimated cost: ≥ 0.5 * Estimated Cost per work - One similar completed work costing not less than 80% of the estimated cost: ≥ 0.8 * Estimated Cost per work Given the estimated cost of the work is Rs.3,00,00,000/-, we can calculate the bid capacity required as follows: - Average Annual Turnover: ≥ 0.3 * 3,00,00,000 = ≥ 90,00,000 - Experience: - 3 works: ≥ 0.4 * 3,00,00,000 = ≥ 1,20,00,000 per work - 2 works: ≥ 0.5 * 3,00,00,000 = ≥ 1,50,00,000 per work - 1 work: ≥ 0.8 * 3,00,00,000 = ≥ 2,40,00,000 per work Therefore, the bid capacity required can be summarized with these values and formulas.