Western Railway Tender

To determine the bid capacity required, we look at the experience and turnover criteria. The criteria for past experience of similar services are: 1. Three similar completed services costing not less than 40% of the estimated cost, which is 0.4 * 51260449 = 20504179.6. 2. Two similar completed services costing not less than 50% of the estimated cost, which is 0.5 * 51260449 = 25630224.5. 3. One similar completed service costing not less than 80% of the estimated cost, which is 0.8 * 51260449 = 41008359.2. Therefore, the bid capacity required can be any one of the following: - Three similar completed services with a total value of at least 20504179.6 - Two similar completed services with a total value of at least 25630224.5 - One similar completed service with a value of at least 41008359.2 Additionally, the minimum average annual turnover required is 256 Lakh (Rs), and the bidder must have at least 3 years of experience in providing similar services. The bid capacity can be summarized as follows: - Financial Capacity: Minimum average annual turnover of Rs 256 Lakh for the last 3 years. - Experience Capacity: At least 3 years of experience in similar services, with specific cost thresholds for similar completed services. Given these requirements, the answer to the query about extracting bid capacity required in the given tender, including value and formulas, is found within these specifications. The bid capacity required in terms of past experience and financial capability can be summarized with these values and formulas: - For three similar services: 40% of the estimated cost. - For two similar services: 50% of the estimated cost. - For one similar service: 80% of the estimated cost. Answer: - Three similar completed services with a total value of at least 20504179.6 - Two similar completed services with a total value of at least 25630224.5 - One similar completed service with a value of at least 41008359.2 - Minimum average annual turnover of Rs 256 Lakh for the last 3 years. - At least 3 years of experience in similar services.