State Warehousing Corporation Tender

The bid capacity required can be determined based on past experience criteria for similar services. The bidder must have successfully executed or completed similar services over the last three years, with specific cost requirements. The formulas provided are: 1. Three similar completed services costing not less than 40% of the estimated cost, which calculates to 3 * 0.4 * 10593097 = 127118388 (or approximately 12.71 crores) 2. Two similar completed services costing not less than 50% of the estimated cost, which calculates to 2 * 0.5 * 10593097 = 105930970 (or approximately 10.59 crores) 3. One similar completed service costing not less than 80% of the estimated cost, which calculates to 1 * 0.8 * 10593097 = 84864478 (or approximately 8.49 crores) Therefore, the bid capacity required can be any of these values based on the bidder's past experience: - 12.71 crores for three similar services at 40% of the estimated cost, - 10.59 crores for two similar services at 50% of the estimated cost, - 8.49 crores for one similar service at 80% of the estimated cost.