State Bank Of India Tender

To determine the bid capacity required, we look at conditions related to past experience and financial capabilities. The tender specifies requirements based on past experience in providing similar services, with thresholds calculated from the estimated cost of the bid. Given the estimated cost of the bid as 21242136, the conditions for past experience are as follows: 1. Three similar completed services costing not less than 40% of the estimated cost, which is 0.4 * 21242136 = 8496854.4. 2. Two similar completed services costing not less than 50% of the estimated cost, which is 0.5 * 21242136 = 10621068. 3. One similar completed service costing not less than 80% of the estimated cost, which is 0.8 * 21242136 = 16993708.8. Therefore, the bid capacity required can be summarized as: - Three similar services with a total value of at least 8496854.4 - Two similar services with a total value of at least 10621068 - One similar service with a value of at least 16993708.8 These are the minimum thresholds based on the estimated bid value and the specified percentages.