Eastern Railway Tender

To determine the bid capacity required, we look at specific criteria. For the estimated bid value of 32582261.46, the required bid capacity can be calculated using the following formulas: 1. Three similar completed services costing not less than 40% of the estimated cost, which equals 0.4 * 32582261.46 = 13032904.584. 2. Two similar completed services costing not less than 50% of the estimated cost, which equals 0.5 * 32582261.46 = 16291130.73. 3. One similar completed service costing not less than 80% of the estimated cost, which equals 0.8 * 32582261.46 = 26065809.168. Additionally, the bid capacity required includes a minimum average annual turnover of 163 Lakh (1.63 Crore) for the last 3 years and 3 years of past experience in providing the same or similar services. Therefore, the bid capacity required can be summarized with these values and formulas.