Directorate Of Municipal Administration Tender

The class eligibility requirement to bid or participate in this tender is that the bidder should be a registered contractor with the Public Works Department, Government of Maharashtra in an appropriate class, but the specific class (such as Class A, Class B, Class I, Class II, etc.) is not explicitly mentioned.

To determine the bid capacity required, we look at the conditions related to the performance security deposit. The bid capacity can be inferred from the performance security deposit requirements, which are directly tied to the bidder's offer in relation to the estimated amount put to tender. The bid capacity required can be summarized as follows: - Up to 10% below the estimated amount: 1% of the estimated amount. - More than 10% below the estimated amount: 1% + (quoted rate reduction - 10%) of the estimated amount. Given the specific conditions, the bid capacity required involves having the financial capability to provide: - A performance security deposit of 5% of the estimated cost, as calculated by (14% - 10%) + 1% for bids more than 10% below the estimated amount. - An earnest money of 1% of the tender cost. - A total security deposit of 10% of the tender cost, which includes the earnest money and the initial plus additional security deposits. Therefore, the bid capacity required involves having the financial capability to cover these percentages of the tender cost.