Hindustan Steelworks Construction Limited Tender

To extract the bid capacity required, we look at the financial requirements provided. The average annual financial turnover of the bidder should be at least the estimated cost put to tender, with turnover figures enhanced by 7% per annum for previous years. The Audited Net Worth should be minimum 10% of the Estimated Cost, and a Bank Solvency Certificate for at least 40% of the Estimated Cost is required, unless the estimated cost is up to Rs.10 Crore. Given the Estimated Cost is Rs. 7,06,08,837.45, the bid capacity required can be calculated as 40% of this cost, which equals Rs. 2,82,43,534.98. This is derived from the formula: Bid capacity required = 0.4 * Estimated Cost. Therefore, the bid capacity required to bid, having a value, is Rs. 2,82,43,534.98, and the relevant formulas include enhancing turnover figures by 7% per annum and ensuring the Audited Net Worth is at least 10% of the Estimated Cost, along with the Bank Solvency Certificate requirement.