Northeast Frontier Railway Tender

To determine the bid capacity required, we need to look for specific details that outline the necessary qualifications or financial capabilities a bidder must possess. The minimum average annual contractual turnover is calculated as V/N or V, whichever is less, where V is the advertised value of the tender in crores of Rupees and N is the number of years prescribed for completion of work. Given V = 20.92 and N = 0.49, the minimum average annual contractual turnover is 20.92. For similar works, the tenderer must have successfully completed or substantially completed any one of the following categories of work(s) during the last 07 years: (i) Three similar works each costing not less than 30% of the advertised value of the tender, (ii) Two similar works each costing not less than 40% of the advertised value of the tender, (iii) One similar work costing not less than 60% of the advertised value of the tender. The formulas for calculating the required work experience are: (i) 3 * 0.3 * Advertised value of the tender (ii) 2 * 0.4 * Advertised value of the tender (iii) 1 * 0.6 * Advertised value of the tender Given the advertised value of the tender is 20916457.82, (i) 3 * 0.3 * 20916457.82 = 18824842.038 (ii) 2 * 0.4 * 20916457.82 = 16733166.256 (iii) 1 * 0.6 * 20916457.82 = 12549874.692 The tenderer must have successfully completed or substantially completed any one of the following categories of work(s) during the last 07 years: (i) Three similar works each costing not less than 6274947.346 (ii) Two similar works each costing not less than 8366583.128 (iii) One similar work costing not less than 12549874.692 In summary, the bid capacity required to bid is: - Minimum average annual contractual turnover of 20.92 - Successfully completed or substantially completed any one of the following categories of work(s) during the last 07 years: (i) Three similar works each costing not less than 6274947.346 (ii) Two similar works each costing not less than 8366583.128 (iii) One similar work costing not less than 12549874.692 The values and formulas are found in the given tender document. Therefore, the bid capacity required in the given tender to bid having value and formulas is: - Minimum average annual contractual turnover = V/N or V, whichever is less - Bid capacity required for similar works = (number of similar works) * (percentage of advertised value) * advertised value (i) 3 * 0.3 * Advertised value of the tender (ii) 2 * 0.4 * Advertised value of the tender (iii) 1 * 0.6 * Advertised value of the tender - Minimum average annual contractual turnover = 20.92 - Bid capacity required for similar works = 18824842.038, 16733166.256, 12549874.692.