Power Development Department Tender

One of the sources mentions the bid capacity required in terms of a specific value and formula. The Minimum Annual Average Turnover (MAAT) is given as 30% of the Advertised Cost. The formula for MAAT is: MAAT = 30% of Advertised Cost MAAT = 0.3 * Advertised Cost Given that the Advertised Cost is Rs. 220.00 Lacs, MAAT = 0.3 * 220.00 Lacs MAAT = 0.3 * 2.20 Crores MAAT = 0.66 Crores Additionally, the Earnest Money Deposit (EMD) is 2% of the estimated cost, which can be calculated as: EMD = 2% of Estimated Cost EMD = 0.02 * Estimated Cost Given that the Estimated Cost is Rs. 220.00 Lacs, EMD = 0.02 * 220.00 Lacs EMD = 0.02 * 2.20 Crores EMD = 4.40 Lacs Also, the Performance Security to be submitted by the contractor is 10% of the Contract Value. Performance Security = 10% of Contract Value Performance Security = 0.1 * Contract Value The formulas and values for bid capacity required are found as: - Minimum Annual Average Turnover (MAAT): 0.66 Crores or 30% of Advertised Cost - Earnest Money Deposit (EMD): 4.40 Lacs or 2% of Estimated Cost - Performance Security: 10% of Contract Value