New Okhla Industrial Development Authority Tender

To extract the bid capacity required in the given tender, we look at the specific requirements mentioned. 1. Solvency: The minimum solvency required is 40% of the total estimated cost put to tender. Given a total estimated cost of 77774351.91, the solvency required would be 40% of this amount, which equals 31109740.76. 2. Experience: The experience requirements are based on the completion of similar or sanitation-related works. The costs of these works are compared to the estimated cost put to tender, with options including: - Three similar works, each costing not less than 40% of the estimated cost (40% of 77774351.91 = 31109740.76). - Two similar works, each costing not less than 60% of the estimated cost (60% of 77774351.91 = 46664611.15). - One similar work, costing not less than 80% of the estimated cost (80% of 77774351.91 = 62219481.53). 3. Turnover: The average annual financial turnover should be at least 30% of the annual cost during the last 3 consecutive financial years. Assuming the annual cost is the total project cost (77774351.91), the required average annual turnover would be 30% of this amount, which equals 23332305.57. 4. Additional Performance Guarantee/Security: The formula for calculating this is: - 0.5% per one percent up to 10% below the rate quoted. - 1% per one percent on the rate quoted beyond 10% below the rate. Given these details, the bid capacity required includes specific financial and experiential requirements, along with a formula for calculating additional performance guarantees. However, a fixed bid capacity value of Rs 15,87,000/- is mentioned as the e-Bid security/Earnest Money Deposit (EMD), without providing a formula for its calculation. Therefore, the bid capacity required in the given tender involves both calculated values based on the project's estimated cost and fixed values like the e-Bid security/EMD.