Municipal Affairs Department Tender

To extract the bid capacity required in the given tender, we need to identify specific values and formulas that dictate the eligibility of bidders. From the provided information, several conditions and requirements are mentioned: 1. The prospective bidders shall have satisfactorily completed during the last 5 years prior to the date of issue at least one work of similar nature under the authority of State/Central Govt. with a magnitude not less than 40% of the estimated amount put to Tender. 2. Alternatively, the prospective bidders shall have satisfactorily completed during the last 5 years prior to the date of issue at least two works of similar nature each, under the authority of State/Central Govt. with a magnitude each of minimum value 30% of the estimated amount put to Tender. 3. Another option is that the prospective bidders should produce a credential of at least one single running work of similar nature which has been completed to the extent of 80% or more and the value of which is not less than the value as stated above of the intended job under the authority of State/Central Govt. 4. Annual Turn Over (Minimum 40% of estimated amount put to Tender in any one year within last 5 years) in 3CB & 3CD format & duly authenticated by registered C.A. shall be submitted. 5. Valid Bank Solvency Certificate (Minimum 40% of estimated amount put to Tender from any Nationalized Bank/Scheduled Bank) is required. Additionally, the formulas for calculating the earnest money deposit (EMD) and security deposit (SD) are provided: EMD = 2% of Estimated Amount or Rs 10 Lakh (whichever is lower) SD = 8% of Running Bill (in addition to EMD) Total SD = EMD + SD = 10% of Tendered Value The bid capacity required involves both financial and technical components. The financial component includes the earnest money deposit and the security deposit, with the total security deposit being 10% of the tendered value. The technical component involves the bidder's past performance and experience in similar works. Given the information, the bid capacity required can be summarized as follows: - Financial capacity: - Earnest Money Deposit: 2% of the estimated amount or Rs 10 Lakh, whichever is lower. - Security Deposit: 8% of the running bill, with the total security deposit being 10% of the tendered value. - Annual Turnover: Minimum 40% of the estimated amount put to tender in any one year within the last 5 years. - Bank Solvency Certificate: Minimum 40% of the estimated amount put to tender. - Technical capacity: - Completion of similar works: At least one work of similar nature with a magnitude not less than 40% of the estimated amount put to tender, or at least two works each with a magnitude of minimum value 30% of the estimated amount put to tender. - Credential of a single running work: Completed to the extent of 80% or more, with a value not less than the intended job. Therefore, the bid capacity required in the given tender involves specific values and formulas related to both financial and technical capabilities.