Rural Development Department Tender

Bid capacity required in the given tender to bid can be calculated using the formula: Bid Capacity = 10% of (Tendered Amount or Bill of Quantities Amount) Given the estimated cost of the project as Rs. 3,42,86,705, Minimum Cash Investment = 0.1 * Contract/BoQ Price of Works = 0.1 * 3,42,86,705 = 34,28,670.5 Minimum Financial Resources = 0.1 * Contract/BoQ Value = 0.1 * 3,42,86,705 = 34,28,670.5 Also, the Assessed Available Bid capacity can be calculated using the formula: Assessed Available Bid capacity = [ (A x N x 2) - B ] Where A = Maximum value of civil engineering works executed in any one year during the last five years. N = Number of years prescribed for completion of the works for which bids are invited. B = Value, at the current price level, of existing commitments and on-going works to be completed during the period of completion of the works for which bids are invited. However, specific values for A, N, and B are not provided. Other requirements for bid capacity include: - Minimum Financial Turnover: Rs. 514.301 Lac - Minimum Bridge Length: 22.69 M - Minimum Pile/Well Foundation Work: 110.80 M Therefore, the bid capacity required in the given tender to bid having value and formulas is: - Minimum Financial Turnover: Rs. 514.301 Lac - Minimum Bridge Length: 22.69 M - Minimum Pile/Well Foundation Work: 110.80 M - Minimum Cash Investment: 10% of the contract/BoQ price of works (Rs. 34,28,670.5) - Minimum Financial Resources: 10% of the Contract/BoQ value (Rs. 34,28,670.5)