Nadiad Municipal Corporation Tender

To extract the bid capacity required in the given tender, we need to look at the specific financial and technical criteria mentioned. 1. Financial Capacity: - Average annual turnover of the bidder must be equal to or more than 30% of the 1st year tender Estimated cost, which is 2,40,90,000/-. - Formula: Average Annual Turnover ≥ 0.3 * 8,03,00,000 - Value: Average Annual Turnover ≥ 2,40,90,000 2. Positive Net worth: - Bidder shall have Positive Net worth 12% of the tender estimated cost for 1st year, which shall be equal to or more than 96,36,000/-. - Formula: Positive Net worth ≥ 0.12 * 8,03,00,000 - Value: Positive Net worth ≥ 96,36,000 3. Bank Solvency Certificate: - Tenderer must submit Bank solvency certificate of amounting equal to or more than 20% value of 1st year estimated cost of the tender. - Formula: Bank Solvency ≥ 0.2 * 8,03,00,000 - Value: Bank Solvency ≥ 1,60,60,000 The technical criteria include work experience in Door-to-Door waste collection and transportation with specific vehicle requirements. The bidder must fulfill criteria based on similar works with yearly work quantum of not less than 80%, 50%, or 40% of the estimated yearly work of this tender, which is 65,700 MT/Year. Given these details, the bid capacity required in the given tender includes both financial and technical aspects, with specific formulas and values provided for financial capacity, positive net worth, and bank solvency, as well as technical experience and capability requirements. Therefore, the bid capacity required can be summarized as follows: - Financial Capacity: Average Annual Turnover ≥ 2,40,90,000 - Positive Net Worth: ≥ 96,36,000 - Bank Solvency: ≥ 1,60,60,000 - Technical Capacity: Experience in Door-to-Door waste collection and transportation with specified vehicle and labor requirements, and ability to handle a certain volume of waste collection and transportation per year. The formulas provided for calculating the required bid capacity in terms of similar works are: - 80% of 65,700 MT/Year = 0.8 * 65,700 = 52,560 MT/Year - 50% of 65,700 MT/Year = 0.5 * 65,700 = 32,850 MT/Year - 40% of 65,700 MT/Year = 0.4 * 65,700 = 26,280 MT/Year These values and formulas indicate the bid capacity required in the given tender, focusing on both financial and technical capabilities of the bidder.