New Okhla Industrial Development Authority Tender

To determine the bid capacity required, we look at the financial requirements and experience needed for a bidder to be eligible. 1. Solvency: The minimum solvency required is 40% of the total estimated cost put to tender, which is 40% of 85545764.76 Rs, resulting in 34218305.90 Rs. 2. Experience: The experience criteria mention that the bidder should have completed works similar to the tender during the last 7 years, with specific values for similar works: - Three similar works, each costing not less than 40% of the estimated cost put to tender: 34218305.90 Rs each. - Two similar works, each costing not less than 60% of the estimated cost put to tender: 51327458.86 Rs each. - One similar work costing not less than 80% of the estimated cost put to tender: 68436611.81 Rs. 3. Turnover: The average annual financial turnover should be at least 30% of the annual cost during the immediate last 3 consecutive financial years. Given the information, the bid capacity required in terms of value and formulas is found, particularly in relation to solvency and experience. However, for a comprehensive calculation, including turnover, more specific details on annual costs would be necessary. - Solvency: 40% of 85545764.76 Rs = 34218305.90 Rs - Experience: - Three works: 3 * 34218305.90 Rs - Two works: 2 * 51327458.86 Rs - One work: 68436611.81 Rs Additionally, the e-Bid security/ Earnest Money Deposit (EMD) is Rs. 17,46,000/-. The bid capacity required includes the financial capability and experience, with specific values and formulas provided for solvency and experience, and a mention of the earnest money deposit.