Municipal Corporation Tender

To extract the bid capacity required, we look for information related to financial or technical capabilities that a bidder must possess. While specific details on bid capacity are not explicitly mentioned, we can infer financial requirements from security deposits and earnest money. The security deposit is stated to be a percentage of the total estimated cost of the work, with formulas provided based on the tender quoted value compared to the cost put to tender. These include: 1. For tenders quoted up to 0% to 10% below the cost put to tender: 2% of the cost put to tender in the initial stage, plus 2% through each running bill. 2. For tenders quoted from 10% to 15% below the cost put to tender: 4% of the cost put to tender, plus 2% through each running bill. 3. For tenders quoted more than 15% below the cost put to tender: 6% of the cost put to tender, plus 2% through each running bill. Additionally, a security deposit of 4% of the total estimated cost of the work is mentioned, which can be considered part of the bid capacity. However, without a specific total estimated cost, we cannot calculate an exact value for the security deposit. Given the provided formulas and the mention of security deposits as a financial requirement, the bid capacity required can be related to the ability to cover these security deposit percentages based on the tender quote, ensuring the bidder has sufficient financial capacity to fulfill contract obligations.