South Central Railway Tender

To determine the bid capacity required, we look at the financial and technical requirements specified. The bid capacity can be calculated using the formulas provided, which are based on the advertised value of the tender. The formulas given are: - 40% of the advertised value: 0.4 * Advertised Value - 60% of the advertised value: 0.6 * Advertised Value Given the advertised value of the tender is 96465450.36, we can calculate the required bid capacity as follows: 1. 40% of the advertised value: 0.4 * 96465450.36 = 38586180.14 2. 60% of the advertised value: 0.6 * 96465450.36 = 57879270.22 Therefore, the bid capacity required to bid on this tender is either a work experience certificate with a value of at least 38586180.14 (40% of the advertised value) or a work experience certificate for one similar work with a value of at least 57879270.22 (60% of the advertised value). Additionally, the minimum average annual contractual turnover can be calculated using the formula: Minimum Average Annual Contractual Turnover = (V/N) or V, whichever is less, where V is the advertised value of the tender in crores of Rupees and N is the number of years prescribed for completion of work. Given the period of completion is 15 months, which is approximately 1.25 years, and the advertised value is 96465450.36, the minimum average annual contractual turnover can be calculated as (96465450.36/1.25) or 96465450.36, whichever is less. Thus, the minimum average annual contractual turnover = (96465450.36/1.25) = 77172360.29 or 96465450.36, whichever is less. So, the minimum average annual contractual turnover required is 77172360.29. The bid capacity required can also be determined by the average annual contractual turnover, which shall be calculated as an average of "total contractual payments" in the previous three financial years, as per the audited balance sheet. However, the exact calculation for the average annual contractual turnover based on the previous three financial years is not provided. In summary, the bid capacity required for this tender, based on the given information, involves both the minimum average annual contractual turnover and the work experience certificate values calculated from the advertised tender value.