Ladakh Autonomous Hill Development Council Tender

The class eligibility requirement to bid or participate in this tender is "A class".

To determine the bid capacity, specific financial and experiential requirements must be met. These include: 1. Financial Turnover: The bidder must have a financial turnover equal to 30% of the advertised cost in any one year during the last 05 years. 2. Minimum Cash Investment: The bidder shall invest a minimum cash up to 25% of the value of the contract during the implementation of the work. 3. Experience Requirement: The bidder must have completed at least one civil building work equal to 33% of the advertised cost during the last five years as a prime contract in a single allotment. Given an estimated cost of the work as 239.02 lacs (excluding GST), the required bid capacity can be calculated as follows: 1. Minimum work experience: 33% of 239.02 lacs = 78.87 lacs 2. Minimum financial turnover: 30% of 239.02 lacs = 71.71 lacs Formulas for calculation are: - Minimum work experience = 0.33 * Advertised Cost - Minimum financial turnover = 0.30 * Advertised Cost Therefore, the bid capacity required to bid for this tender involves both financial and experiential components, with specific values calculated based on the advertised cost.