Uttar Pradesh Small Industries Corporation Limited Tender

The bid capacity required in the given tender can be calculated using the formula: Assessed Available Bid capacity = (A*N*M- B) Where: A = Maximum value of civil engineering works executed in any one year during the last five years (updated to the price level of the last year at the rate of 8 percent a year) N = Number of years prescribed for completion of the works for which bids are invited M = 2.5 B = Value, at the current price level, of existing commitments and on-going works to be completed during the period of completion of the works for which bids are invited. Additionally, to qualify for the award of the contract, bidders must meet specific financial turnover and similar work experience requirements, calculated as: - Minimum financial turnover = Estimated cost of works (excluding maintenance cost for five years), indexed at 8 percent per year - Minimum similar work value = (1/3) * Estimated cost of work (excluding maintenance cost for five years) These formulas provide a basis for determining the bid capacity required for the tender.