Public Health Engineering Department Tender

Class-I (C) or above registration certificate under Public Health Engineering Department.

The bid capacity required in the given tender to bid having value is calculated based on the estimated value of the work and the given percentages for bid security, performance guarantee, and retention money. For general category bidders: Bid Capacity = 417.75 + (417.75 * 0.02) + (417.75 * 0.05) + (417.75 * 0.05) For reserved category bidders: Bid Capacity = 417.75 + (417.75 * 0.01) + (417.75 * 0.05) + (417.75 * 0.05) The formula for bid capacity is: Bid Capacity = Estimated Value of Work + (Estimated Value of Work * Bid Security Percentage) + (Accepted Bid Value * Performance Guarantee Percentage) + (Billed Value * Retention Money Percentage) However, the accepted bid value and billed value are not explicitly given. The estimated value of the work is Rs. 417.75 Lakhs. The bid security is 2% of the approximate value of the work for general category bidders and 1% for reserved category bidders. The performance guarantee is 5% of the accepted bid value. The retention money is an additional 5% of the billed value. To calculate the total bid capacity required, we can use the estimated value of the work as a basis for calculation. For general category bidders: Bid Security = 2% of Rs. 417.75 Lakhs = Rs. 8.35 Lakhs Performance Guarantee = 5% of Rs. 417.75 Lakhs = Rs. 20.89 Lakhs Retention Money = 5% of Rs. 417.75 Lakhs = Rs. 20.89 Lakhs Total Bid Capacity = Rs. 417.75 Lakhs + Rs. 8.35 Lakhs + Rs. 20.89 Lakhs + Rs. 20.89 Lakhs = Rs. 467.88 Lakhs For reserved category bidders: Bid Security = 1% of Rs. 417.75 Lakhs = Rs. 4.18 Lakhs Performance Guarantee = 5% of Rs. 417.75 Lakhs = Rs. 20.89 Lakhs Retention Money = 5% of Rs. 417.75 Lakhs = Rs. 20.89 Lakhs Total Bid Capacity = Rs. 417.75 Lakhs + Rs. 4.18 Lakhs + Rs. 20.89 Lakhs + Rs. 20.89 Lakhs = Rs. 463.71 Lakhs Therefore, the bid capacity required can be calculated using the estimated value of the work and the given percentages. However, another source mentions that the bid capacity required in the given tender to bid is as follows: 1. The bidder should have successfully completed at least one of the following: - One work order within the last seven years amounting to a total value at least equal to 60% of the tender inviting value, i.e., Rs. 250.28 lakhs. - Two work orders within the last seven years, each amounting to a total value at least equal to 50% of the tender inviting value, i.e., Rs. 208.88 lakhs. - Three work orders within the last seven years, each amounting to a total value at least equal to 40% of the tender inviting value, i.e., Rs. 167.10 lakhs. 2. Financial Capability: The average of the Annual Turnovers for the last three Financial Years should be at least 30% of the tender inviting value. Formula: Average Annual Turnover = (Total Turnover for 3 years) / 3 ≥ 0.3 * Tender Inviting Value 3. Net Worth: The bidder must have a positive Net Worth across the last three financial years. No specific formula is given for Net Worth, but it should be positive. 4. Personnel Capability: The bidder must have at least one Graduate Civil Engineer under their employment. No specific formula is given for Personnel Capability. 5. Equipment Capability: The bidder should possess adequate machinery and equipment for execution of water works. No specific formula is given for Equipment Capability. Another source mentions that the bid capacity required in the given tender to bid having value is 5% of the value of works awarded, which should be submitted as "Fixed Deposit/Term Deposit Receipt/Bank Guarantee" of any Nationalized Bank / Schedule Bank. Additionally, the successful bidder will have to deposit an amount equal to 2% of the value of works awarded to raise the value of the Bid Security/Performance Guarantee. The retention money will be deducted @ 5% from every payment made to the contractor, and the total security deposit will be 10% of the contract value, which includes the Bid Security/Performance Guarantee and the retention money. The