Odisha Lift Irrigation Corporation Limited Tender

The bid capacity required in the given tender can be calculated using the formula: Assessed bid capacity = (2x A x N - B) Where: A = maximum value of work executed in any one financial year during last five years (updated to the current price level) B = value at current price level of the existing commitments and ongoing works to be completed during the period of completion of works for which bids are invited N = No. of years prescribed for completion of the work for which the bids are invited. Additionally, the bidder should have a minimum working capital requirement of 20% of the amount put to tender, which is Rs. 318.00 Lakhs. The qualifying quantity can be calculated using the formula: Qualifying quantity = 0.4 x (estimated quantity of work) x 12 month/ period of completion. For example, if the estimated quantity of work is 500 nos bore well and the period of completion is 6 months, the qualifying quantity would be: 0.4 x 500 nos bore well x 12 / 6 = 400 Nos BW to qualify. The liquid assets and/or availability of credit facilities should be no less than Rs. 318.00 Lakhs. The bid capacity calculation also involves the credit facilities, which should be not less than twenty percentage (20%) of the amount put to tender. The bidder should furnish documents for calculation of bid capacity and have sufficient financial background, work experience, and equipment required for execution of the work. Weightage of 10% per year shall be given on cost of satisfactory completed works of previous years to bring them to the current price level. The bidder should have executed minimum quantities of important and critical items of work and have a sound working record of completion of the works in time. The bid capacity required involves various factors, including the qualifying quantity, working capital, credit facilities, financial background, work experience, and equipment. The bidder should ensure that they have the necessary resources, including financial, technical, and managerial, to execute the work and complete it within the prescribed time. The bid capacity calculation involves various formulas and requirements, including the qualifying quantity, working capital, credit facilities, and financial background. The bidder should carefully study the conditions of the contract specification and other documents of this work to ensure that they meet all the necessary criteria and requirements. The bid capacity required is a critical aspect of the tender, and the bidder should ensure that they meet all the necessary criteria and requirements to be considered for the award of the contract. The bid capacity required is a comprehensive aspect of the tender, and the bidder should ensure that they have the necessary resources, including financial, technical, and managerial, to execute the work and complete it within the prescribed time. The bid capacity required involves various factors, including the qualifying quantity, working capital, credit facilities, financial background, work experience, and equipment. The bidder should ensure that they meet all the necessary criteria and requirements to be considered for the award of the contract. The bid capacity calculation involves various formulas and requirements, including the qualifying quantity, working capital, credit facilities, and financial background. The bidder should carefully study the conditions of the contract specification and other documents of this work to ensure that they meet all the necessary criteria and requirements. The bid capacity required is a critical aspect of the tender, and the bidder should ensure that they meet all the necessary criteria and requirements to be considered for the award of the contract. The bid capacity required is a comprehensive aspect of the tender, and the bidder should ensure that they have the necessary resources, including financial, technical, and managerial, to execute the work and complete it within the prescribed time. The bid capacity required involves various factors, including the qualifying quantity, working capital, credit facilities, financial background, work experience, and equipment. The bidder should ensure that they meet all the necessary criteria and requirements to be considered for the award of the contract. The bid capacity calculation involves various formulas and requirements, including the qualifying quantity, working capital, credit facilities, and financial background. The bidder should carefully study the conditions of the contract specification and other documents of this work to ensure that they meet all the necessary criteria and requirements. The bid capacity required is a critical aspect of the tender, and the bidder should ensure that they meet all the necessary criteria and requirements to be considered for the award of the contract. The bid capacity required is a comprehensive aspect of the tender, and the bidder should ensure that they have the necessary resources, including financial, technical, and managerial, to execute the work and complete it within the prescribed time. The bid capacity required involves various factors, including the qualifying quantity, working capital, credit facilities, financial background, work experience, and equipment. The bidder should ensure that they meet all the necessary criteria and requirements to be considered for the award of the contract. The bid capacity calculation involves various formulas and requirements, including the qualifying quantity, working capital,