Irrigation Department Tender

To determine the bid capacity required, we look for specific details related to financial requirements or qualifications that bidders must meet. The information includes various clauses and conditions but does not directly state a formula for calculating bid capacity in all cases. However, aspects related to the bidder's financial capabilities and experience, such as turnover, are mentioned. Given the details, the bidders should have an average annual financial turnover in Civil works of not less than 30% of the estimated value of the work during the last 3 years. This implies a formula for the minimum average annual turnover required: Minimum Average Annual Turnover = 0.3 × Estimated Value of the Work. Another formula provided is: (2AN-B) > Estimated Value of the work, where A = Maximum Value of Civil Engineering works executed in any one year during the last Five years, N = Number of years prescribed for completion of the works, and B = Value of existing commitments. Since specific estimated values or costs are not provided in the query, exact figures cannot be calculated. However, the formulas indicate that the bidder's average annual turnover in civil works should be at least 30% of the project's estimated value over the last three years, and the assessed available bid capacity should be greater than the estimated value of the work as per the given formula. Therefore, the bid capacity required, in terms of formulas based on the provided information, includes: 1. Minimum Average Annual Turnover = 0.3 × Estimated Value of the Work 2. (2AN-B) > Estimated Value of the work These formulas suggest that the bid capacity is directly related to the estimated value of the work and the bidder's past performance and commitments.