India Tourism Development Corporation Limited Tender

Class 3

To determine the bid capacity required, we look at specific conditions related to experience and financial capacity. The tender requires proof of having successfully completed similar works during the last 7 years, with specific conditions: - Three similar completed works costing not less than 40% of the estimated cost. - Two similar completed works costing not less than 50% of the estimated cost. - One similar completed work costing not less than 80% of the estimated cost. Given the estimated cost of the work is Rs. 6,61,89,813.00, we can calculate the required bid capacity as follows: - For three similar works: 3 * 0.4 * 6,61,89,813.00 = Rs. 7,94,71,439.20 - For two similar works: 2 * 0.5 * 6,61,89,813.00 = Rs. 6,61,89,813.00 - For one similar work: 1 * 0.8 * 6,61,89,813.00 = Rs. 5,29,51,850.40 Therefore, the bid capacity required can be summarized with the following values and formulas: - Three works: 3 * 0.4 * Estimated Cost = Rs. 7,94,71,439.20 - Two works: 2 * 0.5 * Estimated Cost = Rs. 6,61,89,813.00 - One work: 1 * 0.8 * Estimated Cost = Rs. 5,29,51,850.40 Where Estimated Cost = Rs. 6,61,89,813.00. Additionally, the financial turnover requirement is 30% of the estimated cost, which is 0.3 * 6,61,89,813.00 = Rs. 1,98,56,943.90. Thus, the bid capacity required includes both the experience and financial turnover requirements.