Police Department Tender

To determine the bid capacity required, we look at the conditions related to work experience and financial capabilities. The bid capacity required is linked to the advertised cost of the tender. For tenders with an advertised cost of more than Rs 250 lacs, the bidder should have successfully completed or substantially completed work(s) of a similar nature. The specifics are as follows: - Three similar completed works valuing not less than 40% of the advertised cost. - Two similar completed works valuing not less than 50% of the advertised cost. - One similar completed work valuing not less than 80% of the advertised cost. Given the estimated cost of the work is ₹333.61 lakhs, we can calculate the bid capacity required using the provided formulas: 1. For three similar completed works: 40% of ₹333.61 lakhs = 0.4 * ₹333.61 lakhs = ₹133.44 lakhs. 2. For two similar completed works: 50% of ₹333.61 lakhs = 0.5 * ₹333.61 lakhs = ₹166.80 lakhs. 3. For one similar completed work: 80% of ₹333.61 lakhs = 0.8 * ₹333.61 lakhs = ₹266.88 lakhs. The bid capacity is also calculated using the formula: Bid Capacity = (A x N x M - B), where A is the maximum value of engineering works executed in any one year during the last five years, updated to the current price level, N is the number of years prescribed for completion of the work with a multiple factor applied, M is a factor of 2.5, and B is the value of existing commitments/ongoing works to be completed during the next N years, updated to the current price level. However, without specific details on A, N, and B, we cannot calculate a precise numerical value for the bid capacity using this formula. Thus, while we have specific requirements and can calculate potential bid capacities based on similar works, the detailed numerical bid capacity required cannot be determined directly without additional information on the bidder's past work value (A), the completion period (N), and existing commitments (B). Given the provided estimated cost and the formulas for similar completed works, the most direct calculations for bid capacity based on the tender's value are: - ₹133.44 lakhs for three similar works, - ₹166.80 lakhs for two similar works, - ₹266.88 lakhs for one similar work. But since we cannot apply the full formula due to missing specifics, these values represent the requirements based on the tender's estimated cost rather than a comprehensive bid capacity calculation.