New Okhla Industrial Development Authority Tender

To determine the bid capacity required, we look at specific eligibility criteria. 1. Solvency: 40% of the total estimated cost equals 9921500.00 Rs, to be issued within a minimum of six months. 2. Experience: The bidder must have completed works in the last 7 years, with requirements including: - Three similar completed works, each costing not less than 40% of the estimated cost (9921500.00 Rs). - Or, two similar completed works, each costing not less than 60% of the estimated cost (14882300.00 Rs). - Or, one similar completed work costing not less than 80% of the estimated cost (19843000.00 Rs). 3. Turnover: The average annual financial turnover should be at least 30% of the estimated cost (7937500.00 Rs) for the last 3 consecutive financial years. Given these, the bid capacity can be summarized as: - Solvency: 0.4 * total estimated cost = 9921500.00 Rs - Experience: - Three works at 40% of estimated cost = 29764500.00 Rs - Or, two works at 60% of estimated cost = 29764600.00 Rs - Or, one work at 80% of estimated cost = 19843000.00 Rs - Turnover: Average annual turnover of at least 30% of estimated cost for 3 consecutive years = 7937500.00 Rs per year. The bid capacity required includes specific financial and technical capabilities, outlined by solvency, experience, and turnover requirements. However, a direct bid capacity formula or value beyond these requirements is not specified. The Earnest Money Deposit (EMD) value is mentioned as Rs 4,96,100.00, and there are formulas for calculating rates for altered, additional, or substituted work, but these do not directly equate to a "bid capacity" formula. Given the details, the bid capacity is outlined through solvency, experience, and turnover, but a specific formula or value directly labeled as "bid capacity" is not found.