Rashtriya Chemicals And Fertilizers Limited Tender

The bid capacity required to bid involves demonstrating the ability to undertake works of significant value, with specific thresholds for non-MSE and MSE bidders. For non-MSE bidders, the key values are: - Minimum average annual turnover of Rs. 19.44 Lakhs. - Similar work experience with specific value criteria: - Three similar completed works costing not less than Rs. 25.92 Lakhs each. - Or, two similar completed works costing not less than Rs. 32.40 Lakhs each. - Or, one similar completed work costing not less than Rs. 51.84 Lakhs. - Financial capability to meet cash flow requirements, with not less than 50% of the prescribed limits for individual contractors. For MSE bidders, there's a relaxation of 25% in prior experience and turnover, with key values being: - Minimum average annual turnover of Rs. 14.58 Lakhs. - Similar work experience with specific value criteria: - Three similar completed works costing not less than Rs. 19.44 Lakhs each. - Or, two similar completed works costing not less than Rs. 24.30 Lakhs each. - Or, one similar completed work costing not less than Rs. 38.88 Lakhs. Additionally, the net worth of the bidder should not be negative, and it should not have eroded by more than 30% over the last three years. Formulas for calculating the bid capacity include: 1. Average Turnover for 3 years = (Turnover in the last three years) / 3, which should be at least Rs. 19.44 Lakhs for non-MSE bidders or Rs. 14.58 Lakhs for MSE bidders. 2. Erosion of Net Worth = (Net Worth in the first year - Net Worth in the last year) / Net Worth in the first year * 100, which should not be more than 30%.