Odisha State Civil Supplies Corporation Limited Tender

The bid capacity required in the given tender can be determined by two conditions: 1. The tenderer should have executed in the immediate preceding five years work of value of at least: - 20% of the estimated contract value in one single contract in one financial year. - OR - 40% of the estimated contract value in multiple contracts in one financial year. Formulas: - 20% of the estimated contract value = 0.20 * Estimated Contract Value - 40% of the estimated contract value = 0.40 * Estimated Contract Value Given that the estimated contract value is Rs 2,82,07,100/-, the bid capacity required can be calculated as: - 20% of the estimated contract value = 0.20 * Rs 2,82,07,100/- = Rs 56,41,142/- - 40% of the estimated contract value = 0.40 * Rs 2,82,07,100/- = Rs 1,12,82,284/- Additionally, the bid capacity required is also related to the financial ability to meet expenses, which should be certified by the tenderer's bank, but the exact formula is not provided. Furthermore, the bid capacity can also be determined by the conditions that affect the bid's validity, particularly in terms of the price quoted by the bidder. The acceptable lower limit for the bid can be calculated using the formulas: - Acceptable Lower Limit = Estimated Cost - (Estimated Cost * 0.15) - Acceptable Lower Limit = Estimated Cost - (Estimated Cost * 0.1499) However, the exact estimated contract value or cost is required to calculate the numerical value of the bid capacity. Since the context provides the estimated contract value as Rs 2,82,07,100/-, the bid capacity required can be calculated using the given formulas. The bid capacity required is: - 20% of the estimated contract value = Rs 56,41,142/- - 40% of the estimated contract value = Rs 1,12,82,284/- And the acceptable lower limit for the bid can be calculated using the provided estimated cost or contract value. Thus, the bid capacity required to bid, in terms of value and formula, is essentially any bid that meets the above conditions.