Ladakh Autonomous Hill Development Council Tender

To extract the bid capacity required in the given tender, we need to consider the financial and technical capabilities of the bidder. The bid capacity can be determined using the following formulas: 1. Average Annual Turnover = (Total Turnover for last 3 years) / 3 2. Average Annual Turnover should be >= 100% of estimated cost 3. Average Annual Turnover should be >= Rs.988.09 lacs 4. Previous work experience = >= 50% of advertised cost 5. Bank Solvency certificate = 40% of tender cost 6. Performance Guarantee = 3% of awarded value 7. Security Deposit = 2.5% of awarded value 8. EMD = Rs.1976180/- Given the estimated cost is Rs. 9,88,09,000, the bid capacity required can be calculated as follows: 50% of the advertised cost = 0.5 * 9,88,09,000 = Rs. 4,94,04,500. The value of executed works shall be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum, calculated from the date of completion to the last date of receipt of applications for this tender. So, the formula to calculate the bid capacity required is: Bid capacity = (Value of similar work completed in the last 3 years) * (1 + 0.07 * number of years since completion). However, the number of years since completion is not provided, so the exact bid capacity required cannot be calculated. Nevertheless, the bidder should have completed a civil building work of at least Rs. 4,94,04,500 in the last 3 years. Additionally, the bid capacity required involves both financial guarantees and the ability to undertake the project as specified, including: - The ability to pay the EMD of Rs. 1976180/-. - The capacity to provide a Performance Guarantee of 3% of the awarded value. - The ability to provide a Security Deposit of 2.5% of the awarded value. - Compliance with the formulas for abnormally low bids if the bid falls into those categories. Therefore, the bid capacity required includes specific values and formulas related to the bidder's financial and technical capabilities.