Irrigation Department Tender

The bid capacity required in the given tender to bid is calculated using the formula: 2AN - B. Here, A = Maximum Value of Civil Engineering works executed in any one year during the last Five years ending 31st March of the previous financial year (updated by giving 8% simple weightage per year to bring them to Current Financial Year price level), N = Number of years prescribed for completion of the works for which tenders are invited (period up to 6 months to be taken as half-year and more than 6 months as one year), B = Value of existing commitments i.e. agreemented works with agreement number & year and ongoing works with agreement number & year to be completed during the period of completion of the project for which tenders are invited. Additionally, the bidder should have an average annual financial turnover during the last 3 years, which should be at least 30% of the estimated cost. The formulas for calculating the bid capacity are: - 80% of tender value for 1 project - 50% of tender value for 2 projects - 40% of tender value for 3 projects - 30% of estimated cost for average annual financial turnover Therefore, the bid capacity required is: - 80% of tender value - 50% of tender value - 40% of tender value - 30% of estimated cost Also, 1. Turnover: Average Annual Turnover ≥ 0.3 * COST OF WORK (without G.S.T) 2. Financial Soundness (Profitability): No specific formula is provided. 3. Similar Work: No specific formula or value is provided. Since the exact tender value, estimated cost, and cost of work are not provided, we cannot calculate the exact bid capacity required. However, we can provide the formulas and percentages required to calculate the bid capacity. The answer is: 80% of tender value, 50% of tender value, 40% of tender value, and 30% of estimated cost.