Municipal Corporation Tender

The class eligibility requirement to bid or participate in this tender is "A" class. Bidders must have an "A" Class Registration Certificate to participate.

The bid capacity required in the given tender to bid includes: 1. Average Annual Turnover: at least 30% of the Estimated Cost, which is Rs. 93.43 Lakh. 2. Solvency Certificate: at least 20% of the total estimated cost, which is Rs. 62.28 Lakh. 3. Registration: "A" class registration. 4. Experience: experience in similar works, i.e., works of RCC pipe drains - storm water/RCC pipe Drains-Drainage in Govt./Semi Govt./PSUs/Government Undertaking/Government Companies. 5. Other requirements: submission of other documents such as a list of works already completed in the last 7 years, a declaration regarding the work on hand, an attested copy of the partnership deed/MOA, power of attorney, etc. Formulas for calculating the required values are: 1. Average Annual Turnover: 0.3 * Estimated Cost 2. Solvency Certificate value: 0.2 * Estimated Cost Given Estimated Cost: Rs. 249.13 Lakh, - Average Annual Turnover: 0.3 * 249.13 Lakh = Rs. 74.739 Lakh - Solvency Certificate value: 0.2 * 249.13 Lakh = Rs. 49.826 Lakh However, the provided information also mentions that - Average Annual Turnover: at least Rs. 93.43 Lakh - Solvency Certificate value: at least Rs. 62.28 Lakh These values are to be considered for the bid capacity required.