Indian Army Tender

To determine the bid capacity required, we look at the experience and financial criteria. The experience criteria specify that bidders must have successfully executed similar services with costs meeting certain percentages of the estimated cost. The formulas for calculating the bid capacity based on the number of similar services completed are as follows: 1. For three similar services: 3 * 0.4 * Estimated Bid Value 2. For two similar services: 2 * 0.5 * Estimated Bid Value 3. For one similar service: 1 * 0.8 * Estimated Bid Value Given the estimated bid value of 84713878, the calculations are: 1. For three similar services: 3 * 0.4 * 84713878 = 101513706 (approximately) 2. For two similar services: 2 * 0.5 * 84713878 = 84713878 3. For one similar service: 1 * 0.8 * 84713878 = 67771102.4 The financial criteria include a minimum average annual turnover of 254 Lakh (2.54 Crore) over the last three years. However, specific formulas for calculating the bid capacity based on financial criteria are not provided, and there are exemptions for Micro or Small Enterprises (MSEs) and startups if they meet the quality and technical specifications. Therefore, the bid capacity required can be summarized with the provided values and formulas for experience criteria, but financial capacity is based on meeting the minimum average annual turnover requirement unless exempt.