Odisha State Police Housing And Welfare Corporation Limited Tender

To extract the bid capacity required in the given tender, we look at the specific requirements and formulas provided. The bid capacity is related to the execution of similar works in the past, with specific cost thresholds. The bidder should have satisfactorily executed: - Three similar works, each costing Rs. 3,63,29,040.00 (40% of bid value) or more, - OR two similar works, each costing Rs. 4,54,11,300.00 (50% of bid value) or more, - OR one similar work costing Rs. 7,26,58,080.00 (80% of bid value) or more in the current or last five years. Formulas for calculating the bid value are: - Bid value = 3,63,29,040.00 / 0.4 - Bid value = 4,54,11,300.00 / 0.5 - Bid value = 7,26,58,080.00 / 0.8 These formulas can be used to determine the bid value based on the given percentages and costs. Additionally, the bid capacity involves the total value of Civil engineering construction work performed in the last 5 years, with a certificate from a Chartered Accountant, and a statement showing the value of existing commitments and ongoing works. A multiplying factor is applied based on the year of work execution, and the base year for calculation is 2024-25 for works above Rs 3.00 crore. Therefore, the bid capacity required in the given tender involves both the execution of similar works with specific cost thresholds and the calculation of bid value using provided formulas, along with considerations for the total value of work performed in the last 5 years and application of multiplying factors.