Bank Of Baroda Tender

Class I and Class II suppliers.

To determine the bid capacity required, we look at the financial and experiential requirements. The key information includes a minimum average annual turnover and past experience of similar services with specific criteria. The financial capacity requirement is a minimum average annual turnover of 213 Lakh for the last 3 years. The experiential capacity requirement is 7 years of experience in similar services, with at least one of the following: 1. Three similar projects worth at least 40% of the estimated bid value, which is 0.4 * 85,900,003 = 34,360,001.2. 2. Two similar projects worth at least 50% of the estimated bid value, which is 0.5 * 85,900,003 = 42,950,001.5. 3. One similar project worth at least 80% of the estimated bid value, which is 0.8 * 85,900,003 = 68,720,002.4. Therefore, the bid capacity required can be summarized as having a minimum average annual turnover of 213 Lakh for 3 years and 7 years of experience in similar services, with completed services worth at least one of the following: 34,360,001.2, 42,950,001.5, or 68,720,002.4.