UP Jal Nigam Tender

To determine the bid capacity required, we look at the financial and experience requirements. The available bid capacity should be more than the total estimated cost of the work for which the tender is invited. It can be assessed using the formula: Assessed Available Bid Capacity = 2 x A x N - B, where A is the maximum turnover during the last five financial years corrected to the current level of value, N is the stipulated period of execution of the work in years, and B is the value of existing commitments to be completed during the execution period of the bid. Another formula provided is: Assessed Available bid capacity = (A*N*M)-B, where A is the maximum value of civil works executed in any one year during the last five years, N is the number of years prescribed for completion of works, M is taken as 2, and B is the value of existing commitments and on-going works to be completed during the period of completion of works. Additionally, the bid capacity can be affected by the financial bid and performance security conditions, including additional performance security required when the financial bid is below a certain percentage of the estimated cost of work. However, specific bid capacity values are also mentioned in terms of requirements for similar works completed, such as three similar works each costing not less than 30% of the cost of the work put to bid, or two similar works each costing not less than 40% of the cost of the work put to bid, or one similar work costing not less than 60% of the cost of the work put to bid. Given the estimated cost of the work put to bid as Rs. 809.55 Lakh, the bid capacity required can be calculated as follows: - For three similar works: 3 * (30% of Rs. 809.55 Lakh) = Rs. 728.595 Lakh - For two similar works: 2 * (40% of Rs. 809.55 Lakh) = Rs. 647.64 Lakh - For one similar work: 1 * (60% of Rs. 809.55 Lakh) = Rs. 485.73 Lakh And at least one completed work of similar nature should have been executed with some Central/ State Government Organisation, costing not less than 30% of the estimated cost put to tender, which is Rs. 242.865 Lakh. Therefore, the bid capacity required can be summarized with the given formulas and values.