Works Department Tender

The class eligibility requirement to bid or participate in this tender includes contractors with registration certificates up to "B" Class. Additionally, there are specific requirements for Super class, special class, and A class contractors.

The bid capacity required in the given tender can be calculated using the formula: Assessed Available Bid Capacity = (A*N*2-B) Where: A = Maximum value of works executed in any one year during the last five years (updated to the current price level) B = Value at current price level of the existing commitments and ongoing works to be completed during the next Twenty-Seven months N = Number of years prescribed for completion of the works for which the bids are invited. Alternatively, the bid capacity required is also mentioned as 1% of the estimated contract value (ECV) or as mentioned in the bid document, which is the Bid security payable along with the bid. The estimated contract value is Rs. 5,72,40,000.00 (Rupees Five Crore Seventy-Two Lakh Forty Thousand) only. However, the specific bid capacity required in terms of a numerical value is not explicitly mentioned. But the formula for calculating Assessed Available Bid Capacity is provided. Additionally, an escalation factor is provided to update the costs of works executed and financial figures to a common base value. The escalation factors are as follows: - One year: 1.10 - Two years: 1.21 - Three years: 1.33 - Four years: 1.46 - Five years: 1.61 Other formulas provided are for price adjustments for various materials: * 31 (a) (i) : Adjustment of Other Materials Component: VM = 0.85 x Pm/ 100 x R x (M1-M0)/ M0 * 31 (a) (ii): Adjustment for Cement Component VC = 0.85 x PC/100 x R x (C1-C0)/ C0 * 31 (a) (iii): Adjustment for steel Component Vs = 0.85 x Ps/100 x R x (S1-S0)/S0 * 31(a)(iv): Adjustment of Bitumen Component: Vb = 0.85 x Pb/100 x R x (B1- B0)/B0 * 31(a)(v): Adjustment towards differential cost of Pipes. But these formulas are used to calculate the price adjustment for increase or decrease in the cost of various materials, not the bid capacity. The bid capacity required is also dependent on the bidder's experience and financial capabilities, including the value of similar projects executed by the bidder in the last 5 financial years and the bidder's current ongoing projects and their contract prices. Therefore, the answer is the formula for Assessed Available Bid Capacity and other relevant information.