Irrigation Department Tender

AA category or above.

The bid capacity required can be determined using the formula: Bid Capacity = 2AN - B. To calculate this, we need to understand the components: - A = Maximum Value of Civil Engineering works executed in any one year during the last Five years, updated to the current financial year price level with an 8% simple weightage per year. - N = Number of years prescribed for completion of the works for which tenders are invited. - B = Value of existing commitments. Alternatively, the bidder can meet the requirement by having one similar completed work costing not less than 80% of the estimated cost. Additionally, the bidder must meet financial turnover and soundness requirements, including an average annual financial turnover of at least 30% of the COST OF WORK (without G.S.T.) over the last 3 years. For similar work experience, the bidder needs to have executed works such as hydraulic structures or similar nature works, with specific value requirements based on the number of similar works completed. Formulas for calculating requirements include: - Turnover Requirement: 0.3 * COST OF WORK (without G.S.T.) - Similar Work Experience Requirement, which varies based on the number of works completed, such as 0.4 * Estimated Cost for three works, 0.5 * Estimated Cost for two works, and 0.8 * Estimated Cost for one work. However, without specific details on the COST OF WORK or Estimated Cost directly applicable to the bid, the exact bid capacity required cannot be accurately calculated.