Uttar Pradesh Projects Corporation Limited Tender

To determine the bid capacity required, we look at the financial and technical requirements specified in the tender documents. The tender requires the bidder to have satisfactorily completed works during the last seven years, with specific cost criteria: - Three similar works each costing not less than 40% of the tendered cost. - Two similar works each costing not less than 50% of the tendered cost. - One similar work costing not less than 80% of the tendered cost. Given the tendered cost is Rs 762.90 lakh, we calculate the required bid capacity as follows: - For three similar works: 3 * 40% of 762.90 = 3 * 0.4 * 762.90 = 916.08 lakh - For two similar works: 2 * 50% of 762.90 = 2 * 0.5 * 762.90 = 763.90 lakh - For one similar work: 1 * 80% of 762.90 = 1 * 0.8 * 762.90 = 610.32 lakh Additionally, the bidder should have an average annual financial turnover of at least 30% of the tendered cost in the last five years, and solvency of at least 40% of the tendered cost. Therefore, the bid capacity required includes: - Completion of similar works with a total value of at least 40% or 50% or 80% of the tendered cost (Rs 762.90 lakh) in the last seven years. - Average annual financial turnover of at least 30% of the tendered cost (Rs 228.87 lakh) in the last five years. - Solvency of at least 40% of the tendered cost (Rs 305.16 lakh). The bid capacity can be calculated using the provided formulas and values, considering the escalation/enhancement factors for different financial years to adjust the values of executed works to the current costing level. Hence, the bid capacity required is: - Three similar works each costing not less than Rs. 304.76 (excluding G.S.T) - Two similar works each costing not less than Rs. 381.45 (excluding G.S.T) - One similar work costing not less than Rs. 610.32 (excluding G.S.T)