Northern Railway Tender

To determine the bid capacity required, specific details such as formulas or values that dictate the bidding capacity are necessary. From the available information, there are multiple scenarios and calculations provided, but they are based on assumptions due to the lack of explicit confirmation of the advertised value of the tender. One set of calculations assumes the total value of 5303240.74 as the advertised value of the tender and provides the following bid capacity requirements: - For one similar work: 3181944.44 - For two similar works: 4242596.59 - For three similar works: 4772928.22 Another part of the information does not provide a direct formula for calculating the bid capacity but mentions the Earnest Money Deposit (EMD) and the validity of the offer without giving a specific financial threshold for the bid capacity. However, a clear formula for calculating the bid capacity is provided in terms of the average annual contractual turnover, which is directly related to the advertised value of the tender (V) and the number of years (N) prescribed for completion of the work. The formula for the average annual contractual turnover is given as: Average Annual Contractual Turnover = (Total contractual payments in the previous three financial years) / 3 Given the information and the formulas provided, the bid capacity required can be calculated using the average annual contractual turnover formula, which is directly related to the advertised value of the tender and the completion period. But since the exact advertised value (V) and the number of years (N) are not confirmed, the precise bid capacity cannot be determined without this crucial information. Therefore, the most accurate answer based on the provided information and formulas would be the average annual contractual turnover formula. However, without the specific values for V and N, the exact bid capacity required cannot be calculated. Given the constraints and the need for a precise answer, the response to the query would be the formula for calculating the bid capacity, which is the average annual contractual turnover, acknowledging that specific values are needed for a complete calculation.