Municipal Corporation Tender

The class eligibility requirement to bid or participate in this tender is "E1" class and above, or "E2" class and above, or a "Registration Certificate of Appropriate Class" with Category I, II, or III. However, the most consistent requirement mentioned is "E2" class and above.

To extract the bid capacity required in the given tender to bid, we look at the provided formulas and conditions. The bid capacity is calculated using the formula: Assessed Available Bid Capacity = (A*N*2-B) Where: A = Maximum value of work executed in any one year during the last five years, B = Value at current price level of the existing commitments and ongoing works, N = Number of years prescribed for completion of the works. Additionally, the bidder's available bid capacity at the expected time of bidding should be more than the total estimated cost of the works. In terms of financial and experience requirements: - The bidder should have an average annual financial turnover of at least 30% of the estimated cost. - Experience criteria include having completed similar works of certain values, such as: - Three similar completed works costing not less than 40% of the estimated cost. - Or, two similar completed works costing not less than 50% of the estimated cost. - Or, one similar completed work costing not less than 80% of the estimated cost. Formulas based on the provided information include: 1. Minimum Average Annual Financial Turnover = 0.3 * Estimated Cost 2. Minimum Experience Requirement (in terms of cost): a. Three similar works: 3 * 0.4 * Estimated Cost b. Two similar works: 2 * 0.5 * Estimated Cost c. One similar work: 1 * 0.8 * Estimated Cost Given specific numbers: - Minimum Average Annual Financial Turnover = Rs. 60,00,000 - Minimum Experience Requirement: - For three works: Rs. 8,00,000 - For two works: Rs. 10,00,000 - For one work: Rs. 16,00,000 Thus, the bid capacity required includes both financial and experience components, with specific formulas and values provided for calculation and assessment.