Rural Works Department Tender

To determine the bid capacity required in the given tender, we can look at the formula provided: Assessed Available Bid Capacity = (AxNx2.5-B), where A is the maximum value of civil engineering works executed in anyone year during the last five years, N is the number of years prescribed for completion of the works for which bids are invited, and B is the value of existing commitments and ongoing works to be completed during the next two years. This formula is applicable for tender amounts more than 2.5 cr. Additionally, the bidder should have a minimum annual financial turnover of 50% of the estimated value of the work tendered, applicable for tender amounts more than 2.5 cr. However, another aspect of bid capacity is mentioned as an undertaking of the bidder to invest a minimum of cash up to 10% as defined in the ITB, but the exact formula for this is not provided. For earnest money, which can be seen as a form of bid capacity or guarantee, the calculation is based on the estimated value of the work. The formula for calculating the earnest money (EM) based on the estimated value of the work (EV) is: - If EV ≤ 2000, EM = 50 - If 2000 < EV ≤ 5000, EM = 100 - If 5000 < EV ≤ 10000, EM = 200 - If EV > 10000, EM = 200 + (number of additional 5000 or portion thereof * 100) Given the information, the bid capacity required can be calculated using the provided formulas based on the estimated value of the work and other parameters such as the maximum value of civil engineering works executed and the value of existing commitments. However, without specific values for these parameters, the exact bid capacity cannot be precisely calculated.