South Central Railway Tender

To determine the bid capacity, we need to calculate the average annual contractual turnover, which is given by the formula V/N or V, whichever is less. Here, V represents the Advertised value of the tender in crores of Rupees, and N is the Number of years prescribed for completion of work for which bids have been invited. Given that the Advertised Value is 45,886,804.80 and the Period of Completion is 12 Months (or 1 year), we can calculate V and N as follows: V = Advertised value of the tender in crores of Rupees = 45,886,804.80 / 100,000,000 = 0.458868048 crores (However, for calculation purposes, we'll use the value in rupees directly as the formula suggests using the value in crores but the provided numbers are in rupees, so we adjust our understanding to fit the given numbers). N = Number of years prescribed for completion of work = 1 year. Thus, the formula for the average annual contractual turnover is V/N or V, whichever is less. Substituting the given values: V/N = 45,886,804.80 / 1 = 45,886,804.80 Since V/N is less than V (considering V in the context of the formula provided, but here it seems there was a misunderstanding in the representation of V and N in the calculation), the bid capacity required is directly related to the average annual contractual turnover, which should be calculated based on the bidder's previous financial years. However, the exact bid capacity in terms of a specific value cannot be determined without the bidder's financial data. Given the information and the traditional understanding of bid capacity, the calculation provided does not directly lead to a specific bid capacity value without additional context or bidder-specific data. Therefore, the precise bid capacity required to bid, as per the query's request for "value and formulas," cannot be accurately determined with the provided information. Answer: V/N or V, whichever is less, where V = 45,886,804.80 and N = 1.