Uttar Pradesh Housing And Development Board Tender

The bid capacity required in the given tender can be calculated using the formula: Assessed Available Bid Capacity = (A * N * 2.5 - B) Where: A = Maximum value of civil engineering works executed in any year during the last five years N = Number of years prescribed for completion of the works for which bids are invited B = Value of existing commitments and on-going works to be completed during the next 0.5 years Additionally, the tender has specific requirements: 1. Solvency: Not less than Rs. 50.00 lacs for bid value up to Rs. 500.00 lacs and Rs. 75.00 lacs for bid value above Rs. 500.00 lacs. 2. Net Worth: Positive for the last 3 financial years. 3. Liquid Assets: Minimum 15% of the bid value, i.e., not less than Rs. 78.15 Lacs. 4. Turnover: Average Annual financial turnover during the 3 consecutive years (ending 31st March of the previous financial year), out of the last 4 financial years, should not be less than 30% of the Bid Value. Formulas: - Average Annual Turnover ≥ 0.3 * Bid Value - Liquid Assets ≥ 0.15 * Bid Value - For Bid Value between 50.00 Lacs to 75.00 Lacs: Solvency ≥ 20.00 Lacs - For Bid Value between 75.00 Lacs to 2.00 Cr.: Solvency ≥ 40.00 Lacs - For Bid Value between 2.00 Cr. to 5.00 Cr.: Solvency ≥ 50.00 Lacs - For Bid Value more than 5.00 Cr.: Solvency ≥ 75.00 Lacs The available bid capacity should be more than the total bid value for the bidder to be qualified, and the bid value is Rs. 521.00 Lacs.