Directorate Of Urban Local Bodies Tender

The bid capacity required in the given tender can be summarized as follows: - Average annual turnover of at least 1.50 Crore in the last three years. - Experience in similar projects with costs as specified: - One similar completed work costing not less than 80% of the estimated cost of works. - Two similar completed works each costing not less than 50% of the estimated cost of works. - Three similar completed works each costing not less than 40% of the estimated cost of works. No specific formula is provided for calculating the bid capacity. However, the requirements are based on the estimated cost of works and the average annual turnover. Additionally, other requirements include: - Bank Guarantee for 5% of the total value of the project. - The firm should have positive net worth during the last three years. - Earnest Money Deposit (EMD) is Rs. 11,00,000. - Tender fee is Rs. 10,000 + 18% GST. Since there's no direct formula provided for calculating the bid capacity, the answer is based on the given financial and technical qualification criteria.