Rural Development Department Tender

The class eligibility requirement to bid or participate in this tender is up to "B" Class, specifically for Scheduled Caste and Scheduled Tribe contractors.

To determine the bid capacity required in the given tender, we look at the provided information. The bid capacity is related to the value of works executed and existing commitments. A specific formula is given: Assessed Available Bid Capacity = (A * N * 2) - B, where A is the maximum value of works executed in any one year during the last five years, B is the value of current price level of existing commitments, and N is the number of years prescribed for completion of the works. Additionally, the bid capacity should be more than the total estimated cost of the works for a bidder to be qualified, as per Clause No-2.1(7) of DTCN. The bidder needs to provide details of their ongoing and completed works in Format-II, which will be used to evaluate their bid capacity. Other requirements for bidding include Earnest Money Deposit/Bid Security, Valid Registration Certificate, GSTIN, No Relationship Certificate, and Works Experience & Annual Turn Over. Formulas for Earnest Money Deposit, Additional Performance Security, and Initial Security Deposit are also provided. Given this information, the bid capacity required in the given tender can be calculated using the provided formula, and the bidder must ensure their bid capacity exceeds the estimated cost of the work. The specific formulas mentioned for calculating different securities are: 1. Earnest Money Deposit (EMD) = 1% of the estimated cost. 2. Additional Performance Security = Estimated cost - Quoted amount. 3. Initial Security Deposit = (2% of work value) - EMD. And the main formula for Assessed Available Bid Capacity = (A * N * 2) - B. Therefore, the bid capacity required in the given tender involves both the calculation of the Assessed Available Bid Capacity and adherence to other financial and procedural requirements outlined in the tender documents.