UP Jal Nigam Tender

The bid capacity required in the given tender can be determined using the following conditions and formulas: 1. Conditions for similar works: - Three similar works each costing not less than 30% of the estimated cost of work put to bid, or - Two similar works costing not less than 40% of the estimated cost of work put to bid, or - One similar completed work costing not less than 60% of the estimated cost of work put to bid. 2. Financial requirements: - Average annual financial turnover during the immediate last 3 consecutive financial years should be at least 30% of the estimated cost put to tender. This can be represented as: Average annual financial turnover ≥ 0.3 * Estimated Cost. - Solvency of minimum 40% of the estimated cost put to tender: Solvency ≥ 0.4 * Estimated Cost. 3. Assessed Available Bid Capacity formula: - Assessed Available Bid Capacity = 2 x A x N – B - Where A = Maximum turnover during the last five financial years (corrected to the current level of value), - N = Stipulated period of execution of the work for which the tender is invited in years (0 to 6 months = 0.5 and 6 to 12 months = 1), - B = Value of existing commitments to be completed during the execution period of the bid. However, the exact estimated cost put to tender is not specified, which is necessary for calculating the specific bid capacity required using the provided formulas. Therefore, while we have conditions and formulas, we cannot calculate the exact bid capacity without the estimated cost of the tender.