Employees Provident Fund Organisation Tender

To determine the bid capacity required, we look at the experience and turnover criteria. The bidder must have successfully executed/completed similar services over the last three years, with specific cost requirements: 1. Three similar completed services costing not less than 40% of the estimated cost, which is 0.4 * 25300224 = 10120089.6 2. Two similar completed services costing not less than 50% of the estimated cost, which is 0.5 * 25300224 = 12650112 3. One similar completed service costing not less than 80% of the estimated cost, which is 0.8 * 25300224 = 20240179.2 Therefore, the bid capacity required can be summarized as: - Three similar services: at least 10120089.6 - Two similar services: at least 12650112 - One similar service: at least 20240179.2 Additionally, the bidder must have a minimum average annual turnover of 100 Lakh (s) for 3 years. Thus, the bid capacity required is: - Financial Capacity: A minimum average annual turnover of 100 Lakh (s) over the last three years. - Experiential Capacity: 3 years of experience in providing similar services, with specific requirements for similar completed services. Formulas for eligibility are: - Financial Eligibility = (Average Annual Turnover over the last 3 years) ≥ 100 Lakh (s) - Experiential Eligibility = (Years of Experience in Similar Services) ≥ 3 years, with specific cost requirements for similar completed services.