National Highways Authority Of India Tender

The class eligibility requirements to bid or participate in this tender are 'Class – I local Supplier' and 'Class – II local Supplier'.

The bid capacity required in the given tender to bid having value cannot be calculated as the values of A and B are not provided. However, the formulas related to the bid price are: - 2% of Bid Price: 6,12,319/- - 30% of Bid Price: 91,84,783/- - 80% of Bid Price: Single work of 2,44,92,754/- - 50% of Bid Price: Two works of 1,53,07,971/- - 40% of Bid Price: Three works of 1,22,46,377/- The formula for calculating the bid price is inferred as: Bid Price = Grand Total of BOQ + (Grand Total of BOQ * Percentage quoted by the bidder) Where Grand Total of BOQ is 3,06,15,942/- The available bid capacity formula is given as: Available Bid capacity = (A* N* 2.5 -B) Where: A = Maximum value of civil engineering works executed in any one year during the last three years N = Number of years prescribed for completion of the works for which bid is invited, given as 0.5 years B = Value of existing commitments and on-going works to be completed during the next 0.5 year Since the exact values of A and B are not provided, the bid capacity required in the given tender to bid having value cannot be determined.