Purvanchal Vidyut Vitaran Nigam Limited Tender

To determine the bid capacity required, we look at experience criteria and estimated bid value. The experience criteria mention that the bidder must have successfully executed similar services over the last three years, with specific requirements based on the estimated cost of the services. The estimated bid value is 20532028.02. The experience criteria are as follows: 1. Three similar completed services costing not less than 40% of the estimated cost, which is 0.4 * 20532028.02 = 8212811.208. 2. Two similar completed services costing not less than 50% of the estimated cost, which is 0.5 * 20532028.02 = 10266014.01. 3. One similar completed service costing not less than 80% of the estimated cost, which is 0.8 * 20532028.02 = 16425622.416. Therefore, the bid capacity required can be expressed with the following values and formulas: - Three similar services: ≥ 8212811.208 (40% of estimated bid value) - Two similar services: ≥ 10266014.01 (50% of estimated bid value) - One similar service: ≥ 16425622.416 (80% of estimated bid value)