Uttar Pradesh Housing And Development Board Tender

To determine the bid capacity required, specific financial and technical requirements must be met. The bid capacity required includes: - Financial capacity to meet the earnest money deposit, liquid assets, and turnover requirements. - Technical capacity to execute the work, including experience and availability of necessary staff and equipment. Given the bid value of Rs 365.00 Lacs, the specific requirements are: - Liquid Assets: 15% of Rs 365.00 Lacs = Rs 54.75 Lacs - Turn Over: 30% of Rs 365.00 Lacs = Rs 109.50 Lacs Formulas for calculating the minimum requirements based on the bid value (BV) are: 1. Minimum Average Annual Financial Turnover: 0.3 * BV 2. Minimum Liquid Assets: 0.15 * BV 3. Minimum Experience Value: - For three similar works: 0.4 * BV - For two similar works: 0.5 * BV - For one similar work: 0.8 * BV The bid capacity required is at least 30% of the estimated cost of Rs. 365 Lacs, which is Rs. 109.50 Lacs. Thus, the bid capacity required to bid includes having a certain amount of liquid assets, a minimum turnover, and specific experience in construction works. The bid capacity can be summarized as follows: 1. Financial Turnover: Not less than Rs 109.50 Lacs. 2. Liquid Assets: Not less than 15% of the bid value, which is Rs 54.75 Lacs. 3. Experience: - Three similar works > 40% of the bid value (Rs 146.00 Lacs). - Two similar works > 50% of the bid value (Rs 182.50 Lacs). - One similar work > 80% of the bid value (Rs 292.00 Lacs).