Municipal Corporation Tender

To determine the bid capacity required, we look at the financial and experiential requirements. The experience requirement can be demonstrated in three ways: three similar works at 10% of the estimated cost, two similar works at 15% of the estimated cost, or one similar work at 20% of the estimated cost. The financial turnover requirement is 50% of the estimated cost over three years, and the net worth requirement is 10% of the estimated cost or a banker's certificate for 40% of the estimated cost. Given the estimated cost of the tender as Rs. 4,57,02,077/-, we can calculate the bid capacity required based on the experience and financial requirements. - For three similar completed works: 3 * (10% of Rs. 4,57,02,077) = 3 * Rs. 45,70,208 = Rs. 1,37,10,624 - For two similar completed works: 2 * (15% of Rs. 4,57,02,077) = 2 * Rs. 68,55,312 = Rs. 1,37,10,624 - For one similar completed work: 1 * (20% of Rs. 4,57,02,077) = 1 * Rs. 91,40,415 = Rs. 91,40,415 The average annual financial turnover required is 50% of Rs. 4,57,02,077, which is Rs. 2,28,51,039. The net worth required is at least 10% of Rs. 4,57,02,077, which is Rs. 45,70,208, or a banker’s certificate for 40% of Rs. 4,57,02,077, which is Rs. 1,82,80,831. Therefore, the bid capacity required in the given tender involves understanding and applying these formulas and values to determine the bid price and ensure compliance with the tender requirements. The specific bid capacity values are Rs. 1,37,10,624 for three or two similar works, Rs. 91,40,415 for one similar work, with a financial turnover of Rs. 2,28,51,039 and a net worth of Rs. 45,70,208 or a banker's certificate of Rs. 1,82,80,831.