Eastern Railway Tender

The bid capacity required in the given tender can be calculated based on the provided information. To determine the bid capacity, we need to consider two main conditions: 1. The minimum average annual contractual turnover, which is calculated as V/N or 'V' whichever is less. Here, V represents the advertised value of the tender in crores of Rupees, and N represents the number of years prescribed for completion of the work. Given that V = 39.48 crores (calculated from the advertised value of 39478641.00) and N = 1 year, the minimum average annual contractual turnover required is V/N = 39.48 or V = 39.48, whichever is less. 2. The completion of similar works with specific cost values relative to the advertised value of the tender. These are: - Three similar works each costing not less than 30% of the advertised value (11843592.3), - Two similar works each costing not less than 40% of the advertised value (15791456.4), - One similar work each costing not less than 60% of the advertised value (23686704.6). Therefore, the bid capacity required includes: - A minimum average annual contractual turnover of V/N or 'V' whichever is less, with V = 39.48 crores and N = 1 year. - The completion of similar works with values of at least 30%, 40%, or 60% of the advertised value, which are 11843592.3, 15791456.4, and 23686704.6 respectively.