Horticulture And Food Processing Department Tender

To determine the bid capacity required, we look at experience criteria and estimated bid value. The experience criteria specify that the bidder must have completed similar services in the last three years with specific cost requirements. Given an estimated bid value of 30,000,000, the calculations for the required bid capacity are as follows: 1. 40% of the estimated cost for three similar services: 0.4 * 30,000,000 = 12,000,000 2. 50% of the estimated cost for two similar services: 0.5 * 30,000,000 = 15,000,000 3. 80% of the estimated cost for one similar service: 0.8 * 30,000,000 = 24,000,000 Therefore, the bid capacity required can be summarized as: - At least 12,000,000 for three similar services - At least 15,000,000 for two similar services - At least 24,000,000 for one similar service These values represent the minimum costs of similar services a bidder must have completed to meet the experience criteria.