Irrigation Department Tender

AA category or above.

The bid capacity required in the given tender can be determined by the following formulas and values: 1. Minimum Turnover Requirement: 0.3 * COST OF WORK 2. Minimum Similar Work Value: - For three works: 3 * 0.4 * Estimated Cost - For two works: 2 * 0.5 * Estimated Cost - For one work: 1 * 0.8 * Estimated Cost Additionally, the bid capacity can also be calculated using the formula (2AN-B), 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 - B = Value of existing commitments For a specific tender with an estimated cost of Rs. 63,220,000, the minimum requirements are: - Minimum Turnover Requirement: 30% of the COST OF WORK, which is Rs. 18,966,000 - Similar Work Value Requirement: 40% of the estimated cost for three similar completed works, which is Rs. 25,288,000.